CROSS (CROSS) fluctuates 54.9% in 24 hours: Driven by community promotion, gaming ecosystem events, and staking proposal
Bitget Pulse2026/04/12 00:47Volatility Overview
In the past 24 hours, the lowest price of CROSS reached $0.06487, with the highest at $0.1005. It is currently at $0.083509, with a price fluctuation of 54.9%. Trading volume has increased significantly, with spot trading volume at around $177,000 and futures trading volume exceeding $20.86 million. The CROSS/USDT trading pair on Bitget saw a volume of $3.47 million. There is no clear data on net capital inflows, but open interest (OI) surged by 169% within 15 minutes, with abnormal volume spikes of 2.7-10.6 times the normal.
Brief Analysis of the Cause of the Move
• Community promotion and gaming ecosystem events: According to a Bitget report, community activities and gaming ecosystem events directly drove 62.7% of the price volatility. Games such as MoltyRoyale reached 15 million AI agents, and SealMonCROSS peak DAU approached 250,000.
• Tokenomics upgrade proposal: On April 15, a proposal was put forward to allocate 65% of token supply to stakers, with only 3.5% of circulating supply currently unlocked. This is accompanied by the launch of a $300 million reward pool, and the early staker APR could reach 857%, causing expectations of locked supply and potential supply squeeze.
• On-chain and market data: 24-hour gain of 32%, trading volume of more than $13 million, and clear signs of accumulation by whales/smart money.
Market Views and Outlook
The mainstream sentiment in the community is optimistic, regarding the proposal as a catalyst for "supply squeeze" and forecasting "up only" while emphasizing the advantage of early stakers. However, analysts warn that the 1-hour RSI is overheated at over 92, spot trading currently dominates with neutral funding rates, and a pullback to test the $0.069-0.065 support zone is possible. Going forward, if the proposal passes and Mainnet 2.0 staking is launched, the outlook remains positive; otherwise, losing the $0.06487 level could lead to a deeper correction.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, and is for informational purposes only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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