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#比特币波动性 💥$MAV This morning saw a sudden surge of over 55% followed by a rapid pullback. What exactly happened? Let’s break down this wave of market action.
First, let’s look at the data (as of 8:00 AM, November 23, from a major exchange): The price soared directly from a low of $0.025 to a high of $0.041, with 24-hour trading volume skyrocketing to $3.28 million. The current circulating supply is 419 million tokens, with a total market cap of just $33.49 million—such a small-cap project is indeed easily subject to pump-and-dump activity.
There are a few obvious features behind this unusual movement:
Trading volume doubled, reaching $3.288 million in 24 hours, clearly indicating active accumulation by capital. On the technical side, the RSI indicator rebounded from the oversold zone (below 30) to 39.5, and the short-term moving averages showed a golden cross signal, suggesting a bottom is forming. As for why the price dropped after the pump, it’s easy to understand—small-cap tokens that rise too quickly inevitably attract profit-taking, leading to a sell-off. This is a normal correction after the FOMO sentiment fades.
A brief backgrounder: Maverick Protocol is an AMM protocol on the Ethereum chain, focused on optimizing DeFi liquidity efficiency. Currently, the $ETH ecosystem as a whole is recovering, so DEX protocols like this do have room for imagination. However, the volatility is significant, so it’s recommended to keep monitoring on-chain capital flows and the volume-price relationship before making any decisions.
⚠️This is purely a technical review and does not constitute any investment advice. Please conduct your own research and make independent judgments.