Bitcoin
Bitcoin (BTC)
$97,793.00 4.74313
Bitcoin price
Ethereum
Ethereum (ETH)
$3,139.24 1.24758
Ethereum price
BNB
BNB (BNB)
$608.56 -0.72977
BNB price
Solana
Solana (SOL)
$241.28 1.87658
Solana price
XRP
XRP (XRP)
$1.11 -1.42802
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000239 -1.79141
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000191 -3.74211
Pepe price
Bonk
Bonk (BONK)
$0.0000507 -5.03298
Bonk price
dogwifhat
dogwifhat (WIF)
$3.11 -4.98697
dogwifhat price
Popcat
Popcat (POPCAT)
$1.52 -8.66718
Popcat price
Bitcoin
Bitcoin (BTC)
$97,793.00 4.74313
Bitcoin price
Ethereum
Ethereum (ETH)
$3,139.24 1.24758
Ethereum price
BNB
BNB (BNB)
$608.56 -0.72977
BNB price
Solana
Solana (SOL)
$241.28 1.87658
Solana price
XRP
XRP (XRP)
$1.11 -1.42802
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000239 -1.79141
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000191 -3.74211
Pepe price
Bonk
Bonk (BONK)
$0.0000507 -5.03298
Bonk price
dogwifhat
dogwifhat (WIF)
$3.11 -4.98697
dogwifhat price
Popcat
Popcat (POPCAT)
$1.52 -8.66718
Popcat price
Bitcoin
Bitcoin (BTC)
$97,793.00 4.74313
Bitcoin price
Ethereum
Ethereum (ETH)
$3,139.24 1.24758
Ethereum price
BNB
BNB (BNB)
$608.56 -0.72977
BNB price
Solana
Solana (SOL)
$241.28 1.87658
Solana price
XRP
XRP (XRP)
$1.11 -1.42802
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000239 -1.79141
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000191 -3.74211
Pepe price
Bonk
Bonk (BONK)
$0.0000507 -5.03298
Bonk price
dogwifhat
dogwifhat (WIF)
$3.11 -4.98697
dogwifhat price
Popcat
Popcat (POPCAT)
$1.52 -8.66718
Popcat price
Bitcoin
Bitcoin (BTC)
$97,793.00 4.74313
Bitcoin price
Ethereum
Ethereum (ETH)
$3,139.24 1.24758
Ethereum price
BNB
BNB (BNB)
$608.56 -0.72977
BNB price
Solana
Solana (SOL)
$241.28 1.87658
Solana price
XRP
XRP (XRP)
$1.11 -1.42802
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000239 -1.79141
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000191 -3.74211
Pepe price
Bonk
Bonk (BONK)
$0.0000507 -5.03298
Bonk price
dogwifhat
dogwifhat (WIF)
$3.11 -4.98697
dogwifhat price
Popcat
Popcat (POPCAT)
$1.52 -8.66718
Popcat price

FLEX soars 360% in 24 hours, sell signal has emerged

flex-soars-360-in-24-hours-sell-signal-has-emerged
Edited by
Markets
FLEX soars 360% in 24 hours, sell signal has emerged

The FLEX token has registered significant gains in the past 24 hours while data suggests the asset might be manipulated by large whales. 

FLEX is up by 360% in the past 24 hours and is trading at $2.26 at the time of writing. Following the recent rally, the asset’s market cap rose to $222 million. However, FLEX’s daily trading volume witnessed a 7% decline and is currently standing at around $81,000.

FLEX soars 360% in 24 hours, sell signal has emerged - 1
FLEX price, social volume, active withdrawals and active addresses – Nov. 27 | Source: Santiment

Data shows that FLEX has been constantly moving between $2.25 and $0.45, with sudden movements, since it dropped from its all-time high (ATH) over the past four months of $8.16 set on Aug. 10. 

According to data provided by the market intelligence platform Santiment, FLEX didn’t witness any withdrawals over the past two days. This could indicate the anticipation of a token swap on exchanges.

Santiment data also shows that FLEX’s social volume recorded a 75% decline over the past 24 hours.

Moreover, the asset’s price-daily active addresses (DAA) divergence shows a strong sell signal, currently standing at negative 160%, per Santiment. The price DAA divergence indicates that FLEX’s price movements could have been manipulated by big whales.

FLEX soars 360% in 24 hours, sell signal has emerged - 2
FLEX price DAA divergence – Nov. 27 | Source: Santiment

According to Santiment, the number of active FLEX addresses has been consistently declining since Nov. 19 — taking a deep dive from 205 active wallets to four addresses. 

When the price increases with the accumulation of big whales, sudden market movements are usually expected.