TAC (TACProtocol) fluctuated by 46.7% in 24 hours: trading volume surge drives speculative rebound
Bitget Pulse2026/05/02 16:08Volatility Overview
In the past 24 hours, TAC price rebounded from a low of $0.01675 to a high of $0.0243, currently around $0.0198, with a fluctuation range of 46.7%. Trading volume has significantly increased to $12.6M–$18.2M, down 44% from the previous day but still at a high level, with a total market capitalization of around $59M.
Analysis of Abnormal Movements
- Trading volume surged by 236%, reaching $23.4M–$43.5M, triggering a speculative rebound mainly due to short-term buying interest around mainnet narratives in the market.
- Speculative funds flowed into Bybit and Binance derivatives markets, driving sector rotation to smart contract platforms.
- The Binance Alpha blind box airdrop event (about 2 days ago) continues to support the hype, with 60% of the community showing bullish sentiment.
Market Opinion and Outlook
The mainstream community sentiment is bullish. Traders point out that TAC is outperforming the broader market (up 11.67%–12.2% in 24h), focusing on the $0.0167 support level. If this level holds, it may test above $0.0192; some opinions warn of a risk of pullback after a parabolic move, and if $0.0167 is lost, the price may retrace to $0.015. Leading analysts recommend watching for technical momentum signals.
Note: This analysis is automatically generated by AI based on publicly available data and on-chain monitoring and is for informational reference 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.
You may also like
"The aluminum tycoon" is back, this time betting on copper!
Veteran metals trader Sonny McNess at Hartree Partners has heavily bought LME October copper contracts and shorted November contracts, betting that Trump's tariffs on refined copper will trigger a surge in near-month premiums. This position is currently the largest in the market, with the October contract at one point trading at a premium of $91.99 over November. Previously, McNess's large position in the aluminum market directly forced the LME to change its rules.
Solana Price Faces New Risk Despite Growing On-Chain Adoption
Super Micro Computer Exceeds Expectations, "AI Stocks" Rebound, and "Server Giants" Dell and HPE Surge
Super Micro Computer expects quarterly revenue for the period ending September 30 to reach $18.5–19.5 billion, a year-over-year surge of 279% and about 27% higher than previous guidance, with gross margin also rising to 12%–12.5%. The stock price soared 15% after hours, while Dell Technologies rose about 6% and Hewlett Packard Enterprise increased about 5% after hours. Analysts pointed out that this data confirms strong demand for AI computing power, and the full financial report will be released on November 3.
After consecutive rate hikes, the Bank of Korea is expected to "take a breather" this week, but high inflation and the chip boom continue to support the tightening cycle
Economists generally expect the Bank of Korea to keep interest rates unchanged this week to assess the impact of the rare consecutive rate hikes, while leaving room for further increases.
Crypto prices
More
