AUCTION (Bounce Token) rose 41.39% in the last 24 hours.

Gate News Bot news, on October 20, according to CoinMarketCap data, as of the time of writing, AUCTION (Bounce Token) is currently priced at 8.51 USD, having pumped 41.39% within 24 hours, with a high of 8.53 USD and a low of 5.64 USD, and a 24-hour volume of 142 million USD. The current market capitalization is approximately 56.1 million USD, an increase of 16.4 million USD from yesterday.

AUCTION recent important news:

1️⃣ Massive whale sell-off leads to price crash AUCTION recently experienced a large-scale whale sell-off event, causing its price to plummet by about 60%. This event triggered significant fluctuations in the market and created conditions for a subsequent rebound.

2️⃣ Market sentiment quickly recovers, driving price rebound After experiencing a significant decline, the price of AUCTION has seen a strong rebound. The 24-hour rise of 41.39% reflects the market's confidence in this coin is rapidly recovering, with buying pressure noticeably increasing.

3️⃣ Volume surge drives liquidity improvement The 24-hour volume of AUCTION reached 142 million USD, showing a significant rise compared to before. The increase in trading activity not only reflects the high attention of investors but also provides ample liquidity support for the price pump.

From a technical perspective, AUCTION has shown strong rebound momentum after hitting a low of $5.64 and has now broken through several short-term resistance levels. However, investors should remain vigilant about the potential pullback risks that may arise after the rapid rise.

This message is not intended as investment advice, and investors should be aware of market volatility risks.