why / microduck

Why is microduck down today?

−34.66% 24h
Short answer

microduck (MICRODUCK) is down 35% in the last 24 hours, trading at $0.00506. That is 30% worse than the whole crypto market (−4.7%), so part of the move is specific to microduck. It has been moving on its own rather than with Bitcoin (−5.1%).

· from live market data
MICRODUCK 24h−34.66%
Whole market 24h−4.73%
Bitcoin 24h−5.14%
Link to BTC (30d)-0.37
Volume vs normal—
signals

What is moving microduck

Strongest signals first.

Doing worse than the market

The total crypto market is −4.7% in 24 hours. MICRODUCK is −35%, 30% worse than the market, so part of the move is specific to microduck.

Why is the crypto market moving? →

Very active trading

MICRODUCK traded 43% of its market cap in the last 24 hours, far more than a typical coin. Something is drawing traders in.

Moving on its own, not with Bitcoin

Over the last 30 days, MICRODUCK's daily moves had a -0.37 correlation with Bitcoin (1 means identical direction). That is low: MICRODUCK has mostly moved on its own lately, while Bitcoin is −5.1% today.

Bitcoin price →

A dip inside a rising week

Despite today's −35%, MICRODUCK is still +16% over 7 days and +108% 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 →
VIP

Liquidations, funding and open interest

See whether leveraged traders are being forced out of MICRODUCK positions right now, on the chart, in the Blockdeck app.

See VIP layers →
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Keep exploring microduck

faq

Questions

Why is microduck down today?

microduck (MICRODUCK) is down 35% in the last 24 hours, trading at $0.00506. That is 30% worse than the whole crypto market (−4.7%), so part of the move is specific to microduck. It has been moving on its own rather than with Bitcoin (−5.1%).

Will microduck go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: MICRODUCK is +16.22% over 7 days and +108.14% 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, MICRODUCK'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.