Moonriver (MOVR) sees 48.1% volatility in 24 hours: Whale accumulation and cross-chain bridge upgrade resonate
Bitget Pulse2026/04/18 22:03Volatility Overview
In the past 24 hours, MOVR rebounded from a low of $2.142 to a high of $3.173, currently reported at $2.231, with a price fluctuation amplitude reaching 48.1%. Trading volume increased significantly, with CoinGecko showing a 24-hour trading volume of approximately $41.27 million and CoinMarketCap reporting $52.36 million; on-chain TVL rose by 6.93% to $2.1 million, and DEX trading volume surged to $62,300.
Brief Analysis of the Cause of Abnormal Movement
• Whale on-chain activity: On April 17, on-chain monitoring indicated large whale transfers and accumulation, driving abnormal price fluctuations.
• Cross-chain Bridge V3 Launch: On April 17, Moonriver successfully launched the Cross-chain Bridge V3 version, supporting network upgrades and expansion.
Market Perspective and Outlook
The market views MOVR as one of the altcoin rebound leaders, with its 24-hour increase exceeding 100%-224% at times. Community sentiment is bullish (e.g., Instagram “+26.48% Surge! Go to the MOON”), and Binance market updates list it among the best performers. The outlook remains neutral, with analysts warning of continued high volatility risks.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for informational purposes only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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