Price moves for $C98 (Coin98) are driven by a mix of demand, news, and trading behaviour. When buyers suddenly outnumber sellers, the price of C98/USDC rises because more people are trying to buy the token than sell it. This can happen when:
Bullish sentiment or positive developments – Good news (like partnerships, ecosystem updates, or strategic ventures) can get traders excited and trigger buying pressure. For example, Coin98 recently announced a joint venture in Vietnam and an MOU with Tether, which can boost long-term confidence and attract traders, pushing price up in the short term. �
CoinMarketCap
Technical trading and rebound moves – After being oversold or hitting a support level, some traders see value and start buying back C98, causing a short-term bounce or pump. �
CoinMarketCap
Low liquidity and volatility – C98 is a smaller market token with less liquidity than large coins. When relatively small buy orders come in, the price can spike more easily because there aren’t as many sellers nearby on the order book. �
gate.com
⚠️ Important: Stable price pumps in pairs like C98/USDC are still speculative and can reverse quickly. Liquidity, news, and broader crypto market conditions all matter, so these short-term pumps don’t guarantee long-term bull trends.
