BREW, a token in the BSC ecosystem, has rebounded to a market capitalization of $12.5 million, according to GMGN market data cited by Odaily. Earlier this morning, the token’s market cap briefly climbed to around $30 million before dropping roughly 80% in a rapid reversal, touching a low of $2.2 million.
On the news side, Flap has been testing a new token pairing mechanism and launched a new base pool using BEN as the test token. That development drew market attention to BREW-related narratives and capital flows, which Odaily said may have been one of the factors behind the token’s earlier sharp swings.
Odaily also warned that tokens tied to the development have seen intense volatility and reminded users to pay attention to trading risks.
BREW, a token in the BSC ecosystem, has recovered to a market capitalization of $12.5 million, according to GMGN market data cited by Odaily.
Earlier today, BREW’s market cap briefly rose to about $30 million, then fell roughly 80% in a sharp move, hitting a low of $2.2 million.
On the news front, Flap has been testing a new token pairing mechanism and launched a new base pool with BEN as the test token. That drew market attention to BREW-related narratives and capital flows, which may have been one of the reasons behind the token’s earlier large swings, according to Odaily.
Odaily reminded users that the related tokens are highly volatile and urged caution over trading risks.
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