$PIT leads as a top gainer on the BNBChain despite adverse market conditions.
PIT Still Making Gains
PitBull is disregarding the downward trends, for now.
Riding the ongoing bullish correction in the general cryptocurrency market, data from CoinMarketCap revealed that the token had risen by over 10% in the last 24 hours. At press time, $PIT was changing hands at $0.000000001241.
At the time of writing, the token registered a 96% growth in trading volume. With a corresponding price rally, investors filled their bags with $PIT tokens.
Spotted at 100 when writing, the Money Flow Index (MFI) indicated that $PIT was severely overbought. This sends a cautionary signal as such highs are usually followed by price correction when investors start to take profit.
According to data from LunarCrush, the recent rally in price has caused $PIT to gain traction on a social front. Within the last day, its Social Mentions, Social Engagements, and Social Volume have each grown by 155%, 263%, and 133% respectively.
What is Pitbull:
PitBull is a self-staking token that had its ownership renounced and given to the community upon its creation. This decentralization of power has allowed Pitbull to flourish as a 100% community-driven project with markedly engaged holders and rapid growth on a daily basis.
Find more about Pitbull here:
Source : bsc.news
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