Akedo (AKE) rebounded after the unlocking of $62 million worth of tokens, equivalent to 9% of its circulating supply, eventually reaching $0.036 for a 59% daily gain. The rally was driven mainly by strong speculative demand with leverage, as futures volume exceeded spot volume by 93 times. Futures net inflows rose 188% to $7.7 million, while derivatives volume increased 81% to $608 million. The Relative Strength Index climbed to 57, indicating bullish momentum, but a decline in buying pressure could trigger further liquidations and a drop toward $0.021.
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