LayerZero rallies 10% as Zero mainnet launch nears – Will ZRO break $2?

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The ZRO token gained about 10% in 24 hours, reaching $1.98, as investors positioned themselves ahead of the November 30 launch of the Zero mainnet and the ATLAS trading infrastructure. Trading volume surged by more than 50%, to $282 million, amid renewed rotation into altcoins. Long positions account for 53% of leveraged positions, compared with 47% for short positions. If buying pressure persists, ZRO could test $2 and then target $2.50, while falling volume or profit-taking could limit the rally.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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