Ampleforth Protocol
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Any trade experts have a good take on the very high Forth volume?
Volume / Market Cap 0.7402
Which means that 74% of Forths entire mcap was traded during the last 24 hours. Is that not kind of extreme? Isn't it an unusual high Volume? I'm not experienced in KPIs for crypto, but it seems very high.
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Latest rebase:
0.609% | 2023-01-15 02:00:11 UTC
Estimated VWAP since rebase: 1.233
Estimated next rebase: 0.844%
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My guess is the 111 moving average will act as support @220 million, like it has done multiple times in the past
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