Is there a price increase of up to +100.42% within 24 hours? This indicates significant buying pressure in the short term.

It belongs to the DeFi sector, with a focus on its actual application scenarios, team background, and community activity. If there is a lack of fundamental support, such a high increase may be driven by short-term speculation.

Especially for new coins like this one, the 24h trading volume is 711 million STO, with a transaction amount of 141 million, indicating high liquidity. It is necessary to verify whether there is any "wash trading" behavior, such as self-trading by exchanges.

Price verification: current price 0.191 × 711 million ≈ 135.8 million U, which basically matches the transaction amount of 141 million, indicating high data credibility.

Severe price fluctuations may lead to short-term liquidation risks, and new coin risks, with long-term indicators lacking. If the project does not make substantial progress, there will definitely be significant pressure for a major correction after such a surge.

Operational Suggestions

For the short term, pay attention to opportunities for rebound after overselling, and strictly set stop-losses if it falls below the support level of 0.0956.

For the long term, further research on the project's fundamentals is required; entry should be cautious. STO currently shows high speculative characteristics, suitable for short-term traders to gamble on volatility, but be aware of liquidity traps or market manipulation risks. If there is no clear positive support, it is recommended to mainly observe.

The risks of highly volatile tokens are enormous, do not blindly chase rises, and be sure to set strict stop-losses and prioritize verifying the project's authenticity. Friends interested in this coin are advised to learn more about the project information first!

We will update you with detailed information about this coin later,

31447432070#非农就业数据来袭