@vuonglong
$COLLECT 24h turnover (volume/market cap) hit 6.25x—far above typical altcoin ratios (0.1–1x)—indicating frenzied trading.
What this means:
- Extreme turnover suggests speculative day trading, not organic adoption. While this can amplify gains, it raises risks of rapid profit-taking.
- The 35.7% price rise occurred on thin order books (market cap: $20.4M), making COLLECT vulnerable to whale-driven swings.
Key metric: Sustained volume above $50M/day could signal lasting interest; a drop below $10M may trigger corrections