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#RIVERUp50xinOneMonth RIVER: Strong Project, Risky Trade (From Here)
RIVER’s move from ~$4 to $80+ wasn’t a normal rally.
It was a vertical price expansion driven by narrative momentum, leverage, and structural illiquidity.
The technology is real.
Chain abstraction and bridge-less stablecoin issuance via satUSD solve a genuine problem in crypto. That’s why serious capital paid attention.
But right now, the market is trading emotion, not fundamentals.
🔹 Derivatives volume massively outweighs spot
🔹 Nearly 50% of circulating supply appears highly concentrated
🔹 RSI has been sitting in extreme