Is REN Repeating RARE's Playbook?
Strange things sometimes happen. REN is now acting in a way that reminds us of RARE and TRB.
A while ago, RARE and TRB were seen as "dead coins." Many traders were shorting them, expecting prices to fall further. But suddenly, both coins surged, surprising everyone. The reason? Market makers took advantage of crowded short trades, pushing prices up and triggering stop-loss orders.
Now, it looks like REN might be doing the same. We're seeing a big increase in on-chain volume, trading volume, and transaction volume:
These moves possibly suggesting that market makers could be at play again. Keep an eye and take care.
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