Ask (permission coin) just shot up 30.7% in the last 24 hours, now sitting at $0.0001076. ð
it's got everyone buzzing, but what's behind this surge?
1ïžâ£ boost from dex popularity: the spotlight on dexs (decentralized exchanges) might have given ask a push. with dex trading volume rising significantly, folks are turning away from centralized exchanges, signaling a shift in defi trends. ask could be benefiting from this vibe.
2ïžâ£ election drama and crypto hype: with big crypto whales betting hefty sums on trump's victory, the market's reacting to the u.s. election drama. such massive bets create a ripple effect, influencing altcoin performance. although ask isn't directly tied to these bets, the overall market excitement might spill over.
3ïžâ£ bitcoin's bull run: btc recently smashing through $71,000 could have set the stage for altcoins like ask to ride the bullish wave. when bitcoin rallies, it's not unusual for altcoins to catch some wind as investors look for the next big thing.
ð€ it's exciting, but gotta stay cautious. not all that glitters is gold in crypto. what do you guys think? is ask here to stay, or just another flash in the pan?