W rose roughly
↗15%
over the past month but traded near its 24-hour low as of the latest snapshot while selling activity outpaced buying over the past day.
Volume and trader activity rise
Trading volume reached approximately $67M over the past 24 hours while the number of active traders rose roughly
↗17%
over the same period, showing growing participation despite recent price weakness.
Selling pressure pushes price lower
Sellers outnumbered buyers by approximately 1.6 to 1 over the past day, pushing the price to within 0.3% of its 24-hour low as of the latest snapshot.
Low liquidity increases volatility
With available trading depth at just 0.39% of market value, smaller buy or sell orders can create larger price swings than in more established cryptocurrencies.
Advanced trading shows balance
In advanced trading markets, the cost to hold positions remains low at around 9% per year, suggesting balanced interest from both buyers and sellers.