Doing better than the market
The total crypto market is −3.9% in 24 hours. KERNEL is +1.7%, 5.6% better than the market, so part of the move is specific to KernelDAO.
Why is the crypto market moving? →
why / kernel
Why is KernelDAO up today?
KernelDAO (KERNEL) is up 1.7% in the last 24 hours, trading at $0.0477. That is 5.6% better than the whole crypto market (−3.9%), so part of the move is specific to KernelDAO. Trading volume is running at 2.4× its 30-day average.
KERNEL 24h+1.65%
Whole market 24h−3.93%
Bitcoin 24h−4.33%
Link to BTC (30d)0.32
Volume vs normal2.4×
signals
What is moving KernelDAO
Strongest signals first.
Trading volume is 2.4× normal
At today's pace, KERNEL trades about 2.4 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.
Moving on its own, not with Bitcoin
Over the last 30 days, KERNEL's daily moves had a 0.32 correlation with Bitcoin (1 means identical direction). That is low: KERNEL has mostly moved on its own lately, while Bitcoin is −4.3% today.
Bitcoin price →A bounce inside a falling week
Despite today's +1.7%, KERNEL is still −3.6% over 7 days and −11% over 30 days.
Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of KERNEL positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring KernelDAO
faq
Questions
Why is KernelDAO up today?
KernelDAO (KERNEL) is up 1.7% in the last 24 hours, trading at $0.0477. That is 5.6% better than the whole crypto market (−3.9%), so part of the move is specific to KernelDAO. Trading volume is running at 2.4× its 30-day average.
Will KernelDAO go back down?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: KERNEL is −3.55% over 7 days and −10.75% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, KERNEL's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.