$COOKIE increases by more than 12% amidst a sea of red – What is driving it against the market?

While the entire cryptocurrency market is sinking in the red, COOKIE stands out with an increase of more than 12% in the past 24 hours, trading around $0.3085.

Why is COOKIE rising so sharply?

Strong technical signals: The price of COOKIE bounced back from the support zone of $0.15 and surpassed the resistance of $0.22 – indicating that buying pressure has returned strongly.

Positive events from the project: Cookie DAO has just launched the Cookie Snaps platform, attracting over 13,000 users in a short period, showing growing interest from the community.

Updates on strategy & ecosystem activities: Cookie DAO announced a new development strategy, while trading volume also surged by 24%, providing significant momentum for the increase.

Assessment: Although the market is adjusting, COOKIE shows its own strength thanks to the community and internal development. However, always consider the risks and closely monitor before making any investment decision.