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<p>Crypto project DIA (Decentralized Information Asset) has seen immense volatility in recent days, surging over 55% in the last 24 hours to trade around $0.495 as of this writing.</p>
<p>After ranging between $0.32 and $0.54 over the past day, DIA is currently changing hands near the middle of that wide trading range. Volume has exploded higher in tandem with the price spike, with over $75.5 million worth of DIA trading in the last 24 hours.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="692" src="https://captainaltcoin.com/wp-content/uploads/2023/12/chart-54-1024x692.png" alt="" class="wp-image-403131" srcset="https://captainaltcoin.com/wp-content/uploads/2023/12/chart-54-1024x692.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-54-300x203.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-54-767x518.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-54-1536x1038.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-54-2048x1384.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-54-222x150.png 222w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-54-100x68.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-54-518x350.png 518w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-54-788x532.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/12/chart-54.png 1048w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p><em><strong>Source: <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="CoinStats" href="https://captainaltcoin.com/go/coinstats-3/" data-shortcode="true">CoinStats – Start using it today</a></strong></em></p>
<p>As a refresher, DIA functions as a decentralized oracle network, enabling reliable data feeds for use in financial smart contracts. The open-source platform connects data providers, vendors, and users to foster an ecosystem of transparent and accessible financial market data.</p>
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<p>The reason behind this specific parabolic move is not immediately clear. There have been no apparent major protocol announcements driving the short-term surge. However, the considerable uptick in trading activity likely contributed to the rally as DIA dominated gains across exchanges.</p>
<p>Nonetheless, it qualifies as an eye-catching move driven chiefly by positive technical and momentum factors rather than tangible developments for the DIA network itself. With the price hitting fluid resistance levels now, a period of consolidation or retracement in the near term looks probable before DIA attempts to confirm the breakout’s legitimacy.</p>
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<p>The post <a href="https://captainaltcoin.com/why-is-dia-price-up-by-55/" rel="noopener noreferrer nofollow">Why is DIA Price Up By 55%?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why is DIA Price Up By 55%?

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