The cryptocurrency Wormhole (W) has experienced a significant increase in trading volume, reaching $500 million following its listing on South Korean exchange Upbit. This surge in volume and price indicates strong market excitement and bullish sentiment. The price of Wormhole has increased by 25% in the last 24 hours, and if this trend continues, it could trade much higher than its current price of $0.37. On-chain data and positive sentiment on social media platforms further support the potential for Wormhole's price to surpass $0.37. Previously, Wormhole reached an all-time low in August but has since seen a steady increase in value. The Chaikin Money Flow indicator suggests that buying pressure is outweighing selling pressure, indicating potential further price increases. In the short term, Wormhole's price could potentially reach $0.45 or even $0.52, but it may revert if distribution takes over, potentially dropping to $0.29.



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