Crypto token $IRYS na im dey trend for Nigeria X (Twitter) today, as e land #20 for trends24.in list. Di token don dey generate serious gist as news outlets report say im price skyrocket, and traders wey bet say price go fall don lose plenty money.
According to The Defiant and phemex, $IRYS surge pass 1,200% in 24 hours, and e top di peak wey e reach when dem list am for May. phemex talk say di token reach $0.2806, with circulating valuation around $561 million, and only 20% of di supply dey in circulation.
But AMBCrypto and kucoin report different figures. Dem talk say $IRYS jump nearly 580% in 24 hours on October 23, reaching around $0.144. kucoin talk say di token start di day around $0.0206, and at di time of writing, e dey trade at almost 7 times that level. Di surge coincide with heavy losses for traders wey bet say price go fall. Data show say around $21.4 million come from short liquidations, while total liquidations reach $24.2 million, with about $2.8 million from longs, according to CoinMarketCap data.
kucoin further explain say di rise start small, then gather pace after e pass $0.04, and e move towards $0.13. E get brief pullback before buyers push am higher again. At di time of writing, di daily chart show gain of roughly 592% with trading still ongoing. But di available data no show what start di surge or how much forced buying contribute.
Meanwhile, a post on Binance highlight a long setup for IRYS/USDT with entry price at 0.01942. Di different reports from news outlets show say di exact percentage gain and price level still dey vary, depending on di source.
