Sharp Comment: The market for PORTAL coin ($PORTAL ) is experiencing fluctuating consolidation, and the value of the cross-chain ecosystem is yet to be released.
On May 17, 2025, the market for PORTAL coin continues the recent volatility characteristics, with prices fluctuating in a narrow range of $0.06 to $0.065. The 24-hour trading volume is approximately $12 million, with a turnover rate maintained between 10% and 15%.
Currently, the circulating supply accounts for only 16.71% of the maximum supply, but the daily trading volume has decreased by over 30% compared to the beginning of the month, indicating a significant reduction in capital activity. Major exchanges like Binance and MEXC contribute over 70% of the trading volume, while the liquidity of small and medium-sized exchanges is nearing exhaustion.
Despite a 7-day increase of 8.07%, the rebound lacks accompanying volume, and the MACD indicator shows insufficient short-term momentum, putting the key support level of $0.06 to the test.
If the daily trading volume can rebound to over $20 million, and the turnover rate breaks above 20%, it may trigger a technical rebound, targeting the levels of $0.075 to $0.08.
Institutional holdings account for less than 5%; if funds from cryptocurrency ETFs continue to flow in, it may drive PORTAL and other small to mid-cap coins to catch up. The top ten addresses hold over 40%, indicating potential selling pressure.
Conclusion: PORTAL may continue to consolidate in the short term while relying on ecosystem breakthroughs for medium to long-term growth. It is recommended that investors participate in an “observation position” form, waiting for an increase in trading volume or significant cooperation signals.
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