Deep Dive
Overview: Bitget launched a CandyBomb event on August 18, 2025, offering 3.6M TCOM tokens to users who deposit or trade, driving short-term demand (CoinMarketCap). The exchange’s liquidity and visibility likely amplified buying pressure.
What this means: Exchange listings often trigger price surges due to increased accessibility and speculative trading. Bitget’s incentives directly tied TCOM rewards to user participation, creating a feedback loop of demand.
What to look out for: Sustained volume post-campaign (ends October 1, 2025) to gauge organic demand.
2. Decentralized IP + AI Hype (Mixed Impact)
Overview: TCOM’s focus on decentralized IP management using blockchain/AI, including partnerships with manga legend Osamu Tezuka’s 65 IPs, aligns with Web3 trends (CoinMarketCap).
What this means: While the narrative attracts speculative interest, TCOM’s long-term viability depends on adoption. The 24h rally reflects optimism but lacks concrete metrics (e.g., user growth, protocol revenue).
What to look out for: Announcements of new IP partnerships or platform milestones.
3. Technical Momentum (Bullish Impact)
Overview: TCOM’s MACD histogram turned positive (+0.00015), signaling bullish momentum, while the RSI (51.12) remains neutral, avoiding overbought risks. The price broke above its 7-day SMA ($0.0224), reinforcing upward traction.
What this means: Technical traders likely entered positions after the breakout, amplified by a 14.89% volume increase. The next resistance sits at the 23.6% Fibonacci level ($0.0334).
What to look out for: A close above $0.0334 could extend gains; failure risks a pullback to $0.0198 (30-day SMA).
Conclusion
TCOM’s surge stems from exchange incentives, narrative momentum, and technical triggers. While bullish in the short term, sustainability hinges on continued exchange support and real-world adoption of its IP platform.
Key watch: Will TCOM’s volume stabilize post-Bitget campaign, or will profit-taking reverse gains?