Dive Dave Burnoy Credit Credit Launch Analysis Flash news details
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On February 7, 2025, the Dave Portoi symbol, which was widely discussed, was launched, officially at 9:00 am EST. The initial listing price was determined at $ 0.10 per code on the decentralized stock exchange, UISWAP, as Coinmarketca said at 9:05 AM EST (Source: Coinmarketcap, 2025-02-07). Within the first hour of trading, the oscillation symbol witnessed a significantly, with the price rise to 0.15 dollars at 9:30 am EST before it decreased to $ 0.08 by 10:00 a.m. EST, 47 % of the peak ( Source: Coingecko, 2025-02-07). This volatility can be attributed to the speculative nature of celebrity -backed symbols, as shown in a study conducted by CryptocCOCONPARE (Source: CryptoCcompare, 2024). The trading volume during this period was large, as more than 5 million DPT icons were traded, reaching a volume of $ 600,000 during the first hour (Source: UISWAP, 2025-02-07). The launch was met with suspicion and criticism from the encryption community, as it is clear from a tweet from KokCAPITALLC, which highlighted the previous Dev Putnoy’s failures in the encryption market and expected to sell it rapidly in the slightest decline (Source: Twitter, Kokciapitallc, 2025 -02-07). The data on the series revealed a concentration of adult holders, with the top 10 addresses of more than 20 % of the total display, indicating the treatment of a potential whale (Source: ETHERSCAN, 2025-07-07).
The effects of the launch of a large DPT, as it introduced a new level of speculation in the market. The DPT price has shown a clear pattern of pump and discharge, as investors and first merchants benefit from the initial noise. The DPT/ETH trading pair 300 ETH was circulated during the first hour, indicating a strong interest from the ETHEREUM community (Source: UISWAP, 2025-02-07). DPT RSI index (RSI) reached a level of its arms 85 at 9:30 am EST, indicating that the distinctive symbol was due to a correction, which was achieved shortly after (Source: Tradingvief, 2025-07-07 ). The market about DPT is still significantly, as many merchants and analysts expect further decreases due to the lack of basic value and the nature driven by the distinctive symbol. The relationship between DPT and major cryptocurrencies such as Bitcoin and Ethereum were small, as Bitcoin showed a slight negative connection of -05 and Ethereum a positive link of 0.02 during the launch period (Source: Cryptoquant, 2025-02-07). This indicates that DPT price movements are largely independent of the wider market trends.
Technical indicators and sized size data are the speculative nature of DPT. The difference of the MACD of DPT showed a declining cross at 9:45 am EST, indicating a possible declining trend (Source: TradingView, 2025-02-07). DPT profile detection of a high-sized knot at the price level of $ 0.12, indicating a large amount of trading activity at this price point (Source: UISWAP, 2025-02-07). Bollinger domains dramatically expanded during the launch, indicating an increase in fluctuations and the possibility of price fluctuations (Source: TradingView, 2025-02-07). The scales on the series showed a rapid increase in the number of unique addresses that maintain DPT, which grow from 100 to 1000 during the first hour, indicating widespread interest in spite of a declining feeling (Source: ethescan, 2025-07). The average transaction volume for DPT $ 500, indicating that retail investors were the main participants in pre-trading frenzy (Source: ETHERSCAN, 2025-07-07). The launch of DPT added another layer of complexity to the already volatile encryption market, and merchants must approach cautiously given the speculative nature of the distinctive symbol and the lack of basic support.
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