Dogecoin and Frog Coin showed some unusual gains today. Especially Frog Coin, which exhibited quite a fierce trend. What's more noteworthy is the backend data—the market share of stablecoins only decreased by 1 percentage point, and Bitcoin's market share only fell by 0.1 percentage points. This situation is quite interesting. Against this backdrop, we might be witnessing a rare market squeeze. If this wave of gains can offset the decline from October 10th, the scale would indeed be quite significant. This rally probably won't just pass by like this.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
5
Repost
Share
Comment
0/400
BlockDetective
· 19h ago
Frog Coin is really fierce this time, but stablecoins and BTC remain unmoved... Isn't this just a squeezing sensation?
View OriginalReply0
JustHodlIt
· 19h ago
Frog Coin is really taking off this time, it feels like it's about to soar.
View OriginalReply0
ImaginaryWhale
· 19h ago
Frog Coin is really on a wild ride this time, feels like a big move is coming
Dog Coin and Frog Coin, two small tokens taking off simultaneously, this definitely feels unusual
Stablecoins only dropped by 1 point? Bitcoin by 0.1? That's quite a squeeze
Wait, can the October 10th trap be filled this time? I need to keep a close watch
Honestly, I've seen this kind of market a few times before, and it's usually not that simple
View OriginalReply0
ChainBrain
· 19h ago
Frog Coin is really fierce this time, but stablecoins only dropped by 1 point? It feels like the main players are testing the waters.
View OriginalReply0
DefiPlaybook
· 19h ago
The market share of stablecoins hasn't dropped much, and BTC remains unmoved, indicating that the funds haven't exited at all. Small-cap coins may be fierce, but ultimately they are still competing within the existing market. Let's wait and see; a true squeeze market requires large capital to enter to be meaningful.
Dogecoin and Frog Coin showed some unusual gains today. Especially Frog Coin, which exhibited quite a fierce trend. What's more noteworthy is the backend data—the market share of stablecoins only decreased by 1 percentage point, and Bitcoin's market share only fell by 0.1 percentage points. This situation is quite interesting. Against this backdrop, we might be witnessing a rare market squeeze. If this wave of gains can offset the decline from October 10th, the scale would indeed be quite significant. This rally probably won't just pass by like this.