That's blindingly obvious.
FOMO created a huge surge in demand, hence the price rise. Pretty simple really.
One of your fellow bulls exposed the psychology underlying the recent price rise beautifully when he responded to another HC reader with the following pearl of wisdom:
"Just Buy and ask questions later" (see here)
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $389.7M |
Open | High | Low | Value | Volume |
20.5¢ | 21.5¢ | 20.5¢ | $939.4K | 4.490M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 201415 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 667700 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 201415 | 0.210 |
32 | 1002438 | 0.205 |
78 | 1033093 | 0.200 |
20 | 733471 | 0.195 |
30 | 793355 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 667700 | 20 |
0.220 | 647103 | 18 |
0.225 | 205998 | 8 |
0.230 | 240750 | 16 |
0.235 | 671995 | 11 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
21.3¢ |
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Change
0.000 ( 1.05 %) |
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Open | High | Low | Volume | ||
21.0¢ | 21.5¢ | 21.0¢ | 2673397 | ||
Last updated 15.59pm 14/06/2024 ? |
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