RARI crypto price doubles, trading volume up 20x: Trend reversal incoming?
Journalist
Posted:
Rarible rallied 94.5% in the past 24 hours. CoinMarketCap data showed that the $7.27 million market cap token saw a 20-fold increase in daily trading volume.
The high volume was unable to break the $0.5 resistance, and the price was down to $0.35 at the time of writing.
As the native token of the Rarible NFT platform, Token Terminal data showed that onchain user counts were quite small. The metrics didn’t grow over time, either.
The token holders count has stayed at…
