RARI cryptocurrency experienced a dramatic 94.5% surge within 24 hours, driven by a 20-fold increase in trading volume, reaching a market cap of $7.27 million. Despite this significant rally, RARI failed to break the $0.5 resistance level, subsequently dropping to $0.35.
Onchain metrics for RARI remain weak, with active users numbering fewer than 1,000 and NFT sales showing no growth. The RARI/USD pair continues to exhibit a year-long downtrend, with no clear signs of a reversal. Traders are advised to monitor altcoins closely as trading volumes remain volatile.
RARI Crypto Soars 94.5% but Struggles to Maintain Gains
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