BICO's trading activity cooled sharply following the recent 90% price surge
, with volume dropping roughly
↘61%
over the past 24 hours as more sellers than buyers entered the market.
Volatility settling after surge
Price declined roughly
↘13.79%
over the past day while the number of active traders dropped roughly
↘47.3%
over the same period, typical consolidation after a sharp move.
More sellers than buyers
The market saw 1.89 times more sellers than buyers over the past 24 hours, with selling pressure intensifying as the low liquidity environment
amplified price swings.
Trading activity quiets down
The number of people trading BICO fell roughly
↘47%
over the past 24 hours while daily price swings reached around 21.6%, reflecting reduced participation after the initial excitement.
Mixed performance across timeframes
BICO held onto weekly gains of roughly
↗11.11%
despite recent selling, though it trailed Smart Contract Platform peers by approximately
↘9.80%
over the past day.