TRCR's roughly

↗149%

monthly move in the Layer 2 category comes with thin trading activity of approximately $5,000 daily and limited supply circulation at around 8%.

Price discovery amid low liquidity

With only about 8% of total supply currently available for trading, the asset is experiencing typical volatility for tokens with restricted circulation and minimal market depth.

Outpacing Layer 2 peers

The asset outpaced Layer 2 peers by roughly

↗123%

over the past month, compared to the category average gain of approximately

↗26%

over the same period.

Significant dilution potential ahead

The fully diluted value sits roughly 12 times above current market cap, with 91.6% of maximum supply yet to enter circulation.

Broader market leverage elevated

Across the broader market, long position liquidations outpaced shorts by roughly 5.3 to 1 over the past 24 hours, reflecting elevated leverage in the system.