Welcome to the latest edition of the Epic Momentum Memo. This update is designed to provide a brief statistical analysis, highlighting the $EPIC market performance. Let's get straight to these insights
Week-by-Week Review
Price Movement:
- In USD: A 12% downturn from $0.40 to $0.35.
- In BTC: A fall from 1.06k to 0.809k Sats, reflecting a 24% decrease.
Market Capitalization:
- In USD: Went from $6.8 million to $5.9 million, for a 12% decrease.
- In BTC: Decreased from 180 BTC to 137 BTC, representing a 24% reduction.
Average Daily Trading Volume:
- In USD: Went from $3,344 to $6,309, indicating an 89% increase.
- In BTC: Increased 67%, moving from 0.088 BTC to 0.148 BTC.
Market Cap Ranking:
- This week, it descended 222 places, reaching position #1,475.
Year-to-Date Metrics
Price Movement:
In USD: Jumped from $0.34 to $0.35, for a 2.7% increase.
In BTC: Went from 2.06k to 0.809k Sats, marking a significant 61% decrease.
Market Capitalization:
In USD: Soared from $5.3 million to $5.9 million, for a decent 12% upswing.
In BTC: From 320 BTC down to 137 BTC, representing a 57% downswing.
Average Daily Trading Volume:
In USD: Clocking in at a humble $18,523
In BTC: Steady as she goes, hovering around 0.69 BTC.
Post-Black Thursday Trajectory
Price Movement:
In USD: A noteworthy rise from $0.009 to $0.35, marking a remarkable 3,785% climb.
In BTC: From 0.175k to 0.809k Sats, showcasing a solid 362% ascent.
Market Capitalization:
In USD: Has grown from $44,512 to $5.9 million. That’s a growth of 13,243%.
In BTC: Up by an impressive 1,486%, moving from 8.7 BTC to 137 BTC.
Average Daily Trading Volume:
In USD: Holding steady at a solid $35,560.
In BTC: Consistently around 1.5 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.