LayerZero surges 12% – Will $9.07M in selling threaten ZRO’s rally?
LayerZero’s ZRO moved higher in the latest session, and one piece says the token gained 12% while another places the move at 11.3% and lists a price of $1.96 with a market value of $765 million. One piece also says $9.07 million in selling is being watched alongside the rally, while the other adds that perpetual contract volume topped $279 million in 24 hours and the long/short ratio stood at 1.56.
What this rests on
Claim by claim, with its source
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LayerZero’s ZRO rose 12% in the latest session.
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One piece says $9.07 million in selling is being watched alongside LayerZero’s rally.
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LayerZero’s ZRO rose 11.3% in the latest session and traded at $1.96 with a market capitalization of $765 million.
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Perpetual contract volume for ZRO surpassed $279 million in 24 hours, and the long/short ratio was 1.56.
Market reaction
-0.51 %
before publication
-6.70 %
after
$2price at publication
11series points
How the story was built
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
AMBCrypto
scoop
Oct 2 16:00
AMBCrypto
scoop
Breaks the event: $9.1M
+1 h 2 m
Crypto Economy
adds
Oct 2 17:01
Crypto Economy
adds
Breaks the figures down; the largest, $765M, with quotes
Where this sits in the LayerZero series
| When | What happened | Figure |
|---|---|---|
| 5 days ago | ZRO a 2.47 $ high | today it sits -16.6 % from there |
| 19 days ago | ZRO a 1.46 $ low | today it sits +41.1 % from there |
From what we have stored, starting 22 days ago.