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any stackers know why fold got this pump today? The comment with the best reference will be zapped 1k sats!
Bitcoin jumped a bunch overr the weekend, and they're a bitcoin company plus some treasury in btc so insta upvalue
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the clearest explanation is just more people wanting to buy than there is stuff available in a market that's not very liquid. But if I had to pinpoint something, I'd bet on either Bitcoin pumping or/and a short squeeze (https://fintel.io/ss/us/fld#).
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Low volume?
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Bitcoin companies win.
Shitcoin companies lose (Celsius, BlockFi, FTX, etc....)
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I think that it does the same thing all shitcoins do, go up to catch people 👥 clueless and turn them into liquidity.
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