LimeWire

Observer

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 <p class="is-style-lead">The Algorand-based AI-powered content publishing platform LimeWire is back on trends with its native utility token, LMWR, reaching its 25-week high.&nbsp;</p>
 <p>LMWR is up by 85% in the past 24 hours and is <a rel="noopener noreferrer nofollow" title="trading" href="https://thebittimes.com/tag/trading.html">trading</a> 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 <a rel="noopener noreferrer nofollow" title="trading" href="https://thebittimes.com/tag/trading.html">trading</a> <a rel="noopener noreferrer nofollow" title="volume" href="https://thebittimes.com/tag/volume.html">volume</a> rose by 490%, surpassing the $6.9 million mark.&nbsp;</p>
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   LMWR price – Nov. 7 | Source: Santiment
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 <p>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.</p>
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 <p>Moreover, data 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;</p>
 <p>However, per Investors Observer, LimeWire <a rel="noopener noreferrer nofollow" title="remains" href="https://thebittimes.com/tag/remains.html">remains</a> “very bullish” as the asset surpassed the $0.30 price point.&nbsp;</p>
 <p>According to an X post by the crypto screener DYOR.net, LMWR became the top USDT <a rel="noopener noreferrer nofollow" title="trading" href="https://thebittimes.com/tag/trading.html">trading</a> pair on KuCoin on Nov. 6.</p>
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   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">#KuCoin scan results on 1h<br><br>Top 5 on BTC pair$PYR $INJ $XLM $MATIC $AVAX <br><br>Top 5 on USDT pair$LMWR $DIA $VLX $AXS $PYR <br><br>Full scan results:https://t.co/e7kbs1YNcg pic.twitter.com/mKg6m1Le4C</p>— DYOR.net Crypto Screener (@DyorNetCrypto) November 6, 2023
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/limewire-remains-very-bullish-as-trading-volume-skyrockets-tbt69318.html">https://thebittimes.com/limewire-remains-very-bullish-as-trading-volume-skyrockets-tbt69318.html</a></p>

LimeWire remains very bullish as trading volume skyrockets

TheBitTimes

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