Lisk Price Surges 764.7%, Top Trending Cryptocurrencies Today
Lisk's price surged an astonishing 764.7% in seven days, making it one of the top trending cryptocurrencies today.
This rapid growth can be attributed to a violent short squeeze, with derivatives data showing $35-41 million in liquidations on September 13, with the majority coming from short positions.
The resulting self-reinforcing rally saw Lisk's price skyrocket, despite relatively thin liquidity.
Literally, another token gaining attention is Lighter, which rose 9.7% in the last 24 hours and has a strong trading volume.
Pons, on the other hand, is experiencing a classic post-parabolic cooling phase after its recent hype, with its price dropping around 44-45% from its peak of $0.97 set on September 5.