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PinnacleCrypt
A token moving 3% in a few hours doesn't necessarily mean something fundamental changed
$PYTH is a good example
CMC is highlighting a trading tournament with 5M PYTH in rewards as one of the catalysts behind its recent volatility
That immediately makes me question the quality of the volume
Trading competitions can generate huge activity without necessarily representing long-term user demand.
Traders have an incentive to generate volume, chase rewards and take short-term positions
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