LimeWire

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The <a href="https://crypto.news/tag/algorand/" data-type="link" data-id="https://crypto.news/tag/algorand/">Algorand</a>-based AI-powered content publishing platform <a href="https://crypto.news/limewire-universal-music-group-music-nft-marketplace/">LimeWire</a> is back on trends with its native utility token, LMWR, reaching its 25-week high.&nbsp; 
LMWR is up by 85% in the past 24 hours and is trading at $0.36 at the time of writing — last seen in mid-May this year. The asset’s market cap has reached $16.35 million. 24-hour trading volume rose by 490%, surpassing the $6.9 million mark.&nbsp; 
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 LMWR price – Nov. 7 | Source: <a href="https://app.santiment.net/charts/0SptlUOj__sCl" target="_blank" rel="noopener">Santiment</a>
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The asset touched a local top of $0.47 briefly at around 03:00 UTC earlier today. At the current price point, LimeWire is up by 462% from its all-time low of $0.05 in mid-August and still down by 83% from its all-time high of $1.92 in mid-May when the token launched. 
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Moreover, <a href="https://www.investorsobserver.com/news/crypto-update/whats-next-for-very-bullish-rated-limewire-lmwr" target="_blank" rel="noopener">data</a> provided by Investors Observer shows that the resistance point for LMWR is set at around $0.16, with the expectations of a further plunge if the asset closes down to the $0.13 mark.&nbsp; 
However, per Investors Observer, LimeWire remains “very bullish” as the asset surpassed the $0.30 price point.&nbsp; 
According to an X post by the crypto screener DYOR.net, LMWR became the top USDT trading pair on KuCoin on Nov. 6. 
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 <a href="https://twitter.com/hashtag/KuCoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#KuCoin</a> scan results on 1h Top 5 on BTC pair<a href="https://twitter.com/search?q=%24PYR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$PYR</a> <a href="https://twitter.com/search?q=%24INJ&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$INJ</a> <a href="https://twitter.com/search?q=%24XLM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$XLM</a> <a href="https://twitter.com/search?q=%24MATIC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$MATIC</a> <a href="https://twitter.com/search?q=%24AVAX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$AVAX</a> Top 5 on USDT pair<a href="https://twitter.com/search?q=%24LMWR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$LMWR</a> <a href="https://twitter.com/search?q=%24DIA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$DIA</a> <a href="https://twitter.com/search?q=%24VLX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$VLX</a> <a href="https://twitter.com/search?q=%24AXS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$AXS</a> <a href="https://twitter.com/search?q=%24PYR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$PYR</a> Full scan results:<a href="https://t.co/e7kbs1YNcg" target="_blank">https://t.co/e7kbs1YNcg</a> <a href="https://t.co/mKg6m1Le4C" target="_blank">pic.twitter.com/mKg6m1Le4C</a>— DYOR.net Crypto Screener (@DyorNetCrypto) <a href="https://twitter.com/DyorNetCrypto/status/1721454325799567748?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">November 6, 2023</a>
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 Read more: <a href="https://crypto.news/the-landscape-of-crypto-exchanges-never-stops-changing-opinion/"> The landscape of crypto exchanges never stops changing </a>

LimeWire remains very bullish as trading volume skyrockets

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