Pdex just jumped 23.1% in the last 24 hours, now sitting at $0.1166. 🚀 crazy, right? let's break down what's going on.
first up, there’s been a noticeable buzz around etfs and market rotations, as mentioned in those trusty soso web3 newsletters. this kind of chatter often shifts interest toward altcoins like pdex, sparking new investments.
also, remember back in june when pdex saw a big spike along with other tokens like rnt and turbo? well, history seems to be repeating itself. as market behavior often does, this uptick could be driven by a similar trend where smaller coins ride the wave of sector rotations happening in the broader crypto ecosystem.
it’s also possible that polkadex's underlying tech improvements and increased use cases are adding fuel to the fire, making it more attractive to investors who are always on the lookout for the next big altcoin boom.
riding these waves requires a bit of optimism and a lot of patience! 🌊