Why Yei Finance Crypto Price Surge? COL $1 on Radar Amid Crash
Amid a broader market downturn, the newly listed $CLO token has defied the trend with a 52% surge following its debut on major cryptocurrency exchanges. The rally stands in stark contrast to the prevailing bearish sentiment across digital assets.
Market participants are scrutinizing the token's unusual price action as it approaches the psychologically significant $1 threshold. Such isolated rallies during market contractions often attract both speculative interest and skepticism from seasoned traders.