Welcome to the latest edition of the Epic Momentum Memo. This update is designed to provide a brief analysis, highlighting the $EPIC market performance. Let's get straight to these insights.
Week-by-Week Review
Price Movement:
- In USD: A slight 1.7% upturn from $0.40 to $0.41.
- In BTC: A fall from 1.117k to 1.103k Sats, reflecting a 1.2% decrease.
Market Capitalization:
- In USD: Increased from $6.9 million to $7 million, a minuscule 1.7% increase.
- In BTC: Decreased from 189 BTC to 187 BTC, a 1.2% reduction.
Average Daily Trading Volume:
- In USD: Went from $4,447 to $3,016, indicating a 32% decrease.
- In BTC: Decreased 32%, moving from 0.12 BTC to 0.08 BTC.
Market Cap Ranking:
- This week, it descended 52 places, reaching position #1,234.
Year-to-Date Metrics
Price Movement:
In USD: Jumped from $0.34 to $0.41, for a 21% increase.
In BTC: We went from 2.06k to 1.1k Sats, marking a significant 46% decrease.
Market Capitalization:
In USD: Soared from $5.3 million to $7 million, for a decent 32% upswing.
In BTC: From 320 BTC down to 187 BTC, representing a 42% downswing.
Average Daily Trading Volume:
In USD: Clocking in at a humble $19,108
In BTC: Steady as she goes, hovering around 0.72 BTC.
Post-Black Thursday Trajectory
Price Movement:
In USD: A noteworthy rise from $0.009 to $0.41, marking a remarkable 4,466% climb.
In BTC: From 0.175k to 1.1k Sats, showcasing a strong 530% ascent.
Market Capitalization:
In USD: Has grown from $44,512 to $7 million. That’s a growth of 15,562%.
In BTC: Up by an impressive 2,060%, moving from 8.7 BTC to 187 BTC.
Average Daily Trading Volume:
In USD: Holding steady at a solid $35,878.
In BTC: Consistently around 1.51 BTC.
Conclusion
This week’s Epic Cash update offers a straightforward analysis of the current $EPIC market trends. This data-driven approach, ensures an objective perspective. Always be mindful of the inherent volatility in the market and rely on personal research and a clear understanding of your risk appetite.