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MobileCoin Surges Over 400% In Sudden Price Increase
According to PANews, MobileCoin (MOB) experienced a sudden price increase in the early hours of March 30th, surging over 400% at one point. The current price is $0.1353, with a 24-hour increase of 118%.
The reason for this sudden price increase remains unclear, but it highlights the volatile nature of the cryptocurrency market. Investors should be cautious when trading in such a rapidly changing environment.
MicroStrategy Stock Overvalued By Nearly 100%, Claims 10x Research
According to BlockBeats, on March 30th, 10x Research stated on social media that MicroStrategy's stock is overvalued by 60%, and based on its actual situation, the stock price may even be overvalued by nearly 100%. A year ago, MicroStrategy's stock price did not have a premium compared to Bitcoin, and this stock has become a typical representative of the current Bitcoin bull market, while Grayscale's GBTC discount price is a typical representative of the 2022 bear market. In fact, the trading price of the stock should be close to $1,000, not in the range of $1,700 to $2,000.
Market data shows that MicroStrategy (MSTR) closed at $1,919 yesterday, and the current after-hours price has fallen to $1,704.
MicroStrategy Stock Overvalued By Nearly 100%, Claims 10x Research
According to BlockBeats, on March 30th, 10x Research stated on social media that MicroStrategy's stock is overvalued by 60%, and based on its actual situation, the stock price may even be overvalued by nearly 100%. A year ago, MicroStrategy's stock price did not have a premium compared to Bitcoin, and this stock has become a typical representative of the current Bitcoin bull market, while Grayscale's GBTC discount price is a typical representative of the 2022 bear market. In fact, the trading price of the stock should be close to $1,000, not in the range of $1,700 to $2,000.
Market data shows that MicroStrategy (MSTR) closed at $1,919 yesterday, and the current after-hours price has fallen to $1,704.