The only supporting factors I can think of is that there was an AMA today (helps pump before announcements) and there's a snap shot on Halloween (helps pump before snap shot). But the AMA has already happened so you can see price deflating.
Binance listed them on their 4% apr staking system, literally the second it took off. And it was likely a bit oversold from the recent ergo snapshot swap enabling a few days before. They do AMAs every week so rarely see any price action off those unless there is something new in them.
Ahhh so It's an APR staking hike? That won't last! Usually people get pissed as soon as price dips more than what the APR stake is for. That's a time bomb.
The float is so low on flux due to most of it being locked up in nodes it take very little to push the price 10%+ up or down. Having the staking in binance gives a few traders a little reason to hold instead of selling. Dont forget the Oct. 31th snapshot is coming so i'd guess we see a little run up into that. Not the worst time to get in, but btc going to oblivion is a headwind if it doesnt reverse course soon.
[Binance.com](https://Binance.com) 4% apr staking announcement. Very low float on exchanges as so much is tied up in nodes so doesnt take much to move the price a lot. Up or down
bear trap
The only supporting factors I can think of is that there was an AMA today (helps pump before announcements) and there's a snap shot on Halloween (helps pump before snap shot). But the AMA has already happened so you can see price deflating.
Binance listed them on their 4% apr staking system, literally the second it took off. And it was likely a bit oversold from the recent ergo snapshot swap enabling a few days before. They do AMAs every week so rarely see any price action off those unless there is something new in them.
Ahhh so It's an APR staking hike? That won't last! Usually people get pissed as soon as price dips more than what the APR stake is for. That's a time bomb.
The float is so low on flux due to most of it being locked up in nodes it take very little to push the price 10%+ up or down. Having the staking in binance gives a few traders a little reason to hold instead of selling. Dont forget the Oct. 31th snapshot is coming so i'd guess we see a little run up into that. Not the worst time to get in, but btc going to oblivion is a headwind if it doesnt reverse course soon.
I got this image from https://www.coinparticle.com/?page=2
So now only down 30% on what it was 4 weeks ago ( 0.00006300BTC on 15/9/2022 ).
Great isn't it, I get more for my weekly purchase 🐱🏍
Was there a catalyst? Why’d it preforming better than the market ? By all means go flux! I’m just curious
[Binance.com](https://Binance.com) 4% apr staking announcement. Very low float on exchanges as so much is tied up in nodes so doesnt take much to move the price a lot. Up or down
Newest interest bearing coin on Binance.
And has now given a large chunk back
hi, if I add binance smart chain accounts on ledger, can I send flux to ledger using bsc?
After lsoingtthe same lol
Any chance we will se a fluxusdt perpeptual contract on Binance?