AUCTION Jumps 56% in 24H Amid Bounce Ecosystem Hype
AUCTION surged over 56%, peaking at $9.5 before stabilizing near $7.06, with $102M trading volume and a strong 1.86 volume-to-market-cap ratio.
Key drivers include Bounce’s upcoming features — prediction markets, physical collectible auctions, and the BounceX perpetual exchange — plus Launchpad IDOs (Q4 2025) and Tokenized Pre-IPO initiatives (2026).
Technically, AUCTION shows a bullish breakout above $7, eyeing targets at $9.4–$10.5, while RSI (30.10) remains neutral.
However, traders are warned of possible profit-taking amid high volatility — stop-loss near $8.20 recommended.