Deep Dive
1. Market metrics
HOLD’s price rose 724% in 30 days (to $0.000869) and 57% in the past week, despite a -5.6% 1h dip. The 24h trading volume hit $1M (+687%), but the turnover ratio of 0.041 signals thin liquidity—trades could significantly sway prices.
The self-reported circulating supply (27.88B tokens) suggests a fully diluted valuation, but CMC cautions this isn’t audited. Retail traders likely dominate activity, given the absence of institutional-grade data.
Holder addresses grew 7% in 30 days to 2,652, with top 10 wallets controlling 14.5% of supply. The 516% surge in holder market cap over 30 days aligns with the price rally, but low whale concentration (no addresses >1% supply) hints at fragmented ownership.
Conclusion
HOLD’s rally lacks clear fundamental triggers, leaning on speculative trading and organic holder growth. With Bitcoin dominating market momentum (63.7% dominance) and neutral sentiment (Fear & Greed: 57/100), watch for liquidity shifts.
What community-driven factors could sustain HOLD’s momentum without institutional backing?