Dear friends following the DeFi sector, here is a phenomenon worth paying attention to.
DOLO has seen a very strong surge in recent days, currently priced at $0.06735, with a 24-hour jump of 62.3%. Looking further back, the weekly increase is 39.3%, and the monthly increase has been even more impressive at 75%. The main driver of this rally is the launch of a lending market on Dolomite infrastructure by WLFI, which directly ignited the enthusiasm in this sector.
On the data side, the market cap now stands at $30.7 million, with a daily trading volume soaring to $133 million, and a circulating supply of 456 million tokens. At this scale, such active trading volume clearly indicates significant liquidity interest. As a lending protocol on the Arbitrum network, DOLO’s role in ecosystem expansion is definitely worth watching.
However, to be honest, since rebounding from $0.029 in June last year to over 130% increase, this rally has been quite substantial. The all-time high of $0.366 still has 81.7% space from the current price, but such a distance often implies considerable risk. The DeFi sector itself is highly volatile, so it’s best to consider your risk tolerance carefully before entering.
What do you think about this rally? Is it a bottom rebound or a prelude to a new high? Feel free to discuss.
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LiquidationWatcher
· 22h ago
62% daily increase, how strong does your heart have to be to withstand that?
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WLFI's wave of launching the lending market really ignited the scene, but now it still depends on mental preparation.
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But speaking of which, it's still so far from the historical high, the risk does seem significant.
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A bottom rebound or a buildup is possible; the key is to watch WLFI's subsequent progress.
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With a daily trading volume of 1.33 billion, can it support this increase? No one knows.
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A 75% monthly increase, I’ve always kept my distance from coins that rise so aggressively, haha.
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The lending protocol on Arbitrum has become popular, but how long DOLO can hold is the real question.
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What to say, be cautious if you want to chase the high; such a rise usually involves a sharp retracement.
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From 0.366 to 0.067, still so far from the high... maybe there's still hope, but it's a risky bet.
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SmartContractDiver
· 22h ago
62 points just want me to get in, still a bit early
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Is wlfi igniting the lending market reliable, or is it another wave of retail investors being harvested
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Wait, from 0.366 to only 0.067 now, how much more does it need to fall? Now a rebound and claiming new highs? Wake up, everyone
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Such abundant liquidity indicates that someone is waiting to catch the top
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A 75% monthly increase sounds impressive, but it's actually just a routine move from the bottom, nothing special
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This round of dolo feels like DeFi rotation speculation; when the next hot spot arrives, it’ll cool down
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If we talk about risks, lending protocols are the most vulnerable to hacking or bugs. Would you go all-in?
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81.7% room sounds good, but whether it can return to historical highs is another story. I’ll wait and see
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LightningSentry
· 23h ago
62 points in a day? How crazy is that? WLFI is really stirring things up over there.
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GateUser-bd883c58
· 23h ago
62 points in a day, how many people are buying in?
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FudVaccinator
· 23h ago
62% 24h increase? This pace feels a bit familiar, a typical sign of a pump before the surge.
This is just the beginning, still far from the all-time high.
WLFI lending operation is really aggressive, but I respect anyone who dares to chase it.
However, I have to be honest, the volatility of a coin with this market cap is really deadly.
A 75% monthly increase is nothing anymore? The market is a bit crazy.
Wait, is the liquidity really enough? Feels like it could be easily drained.
Bottom? Bro, that's hard to say, DeFi is like that.
I'll still stay on the sidelines; this stuff burns a lot of money.
Dear friends following the DeFi sector, here is a phenomenon worth paying attention to.
DOLO has seen a very strong surge in recent days, currently priced at $0.06735, with a 24-hour jump of 62.3%. Looking further back, the weekly increase is 39.3%, and the monthly increase has been even more impressive at 75%. The main driver of this rally is the launch of a lending market on Dolomite infrastructure by WLFI, which directly ignited the enthusiasm in this sector.
On the data side, the market cap now stands at $30.7 million, with a daily trading volume soaring to $133 million, and a circulating supply of 456 million tokens. At this scale, such active trading volume clearly indicates significant liquidity interest. As a lending protocol on the Arbitrum network, DOLO’s role in ecosystem expansion is definitely worth watching.
However, to be honest, since rebounding from $0.029 in June last year to over 130% increase, this rally has been quite substantial. The all-time high of $0.366 still has 81.7% space from the current price, but such a distance often implies considerable risk. The DeFi sector itself is highly volatile, so it’s best to consider your risk tolerance carefully before entering.
What do you think about this rally? Is it a bottom rebound or a prelude to a new high? Feel free to discuss.