The context of the upper dynamic is gradually resuming on the Crypto market, and one of the main beneficiaries is none other than Deep Protocol, a project that is still relatively discreet in the ecosystem. While most cryptocurrencies record an average increase of 8 %, Deep displays a 72 % flight in one day. A performance that questions: what propels the token so violently upwards? Deep, the best performance of the top 100 over the last 24 hours, the course of the Token Deep went from $ 0.11 to $ 0.1965, an increase of 77 %. Over a week, the increase in crypto even reaches 154 %, according to CoinmarketCap data. This spectacular performance allows Deep to erase a large part of the losses accumulated at the start of the year. Evolution of the Deep course over the last 24 hours – Source: Coinmarketcap but this rally is not due to chance: it comes following the highly anticipated launch of the perpetual contracts Deepusdt on Binance Futures, announced on April 22. Offering a lever effect of up to 50x, this new trading pair immediately attracted the aggressive Crypto M traders and hedge funds, always on the lookout for volatility. The result was not long in coming: the volume of exchange on Deep exploded by 225 % in 24 hours, flirting with the threshold of the billion dollars. The announcement therefore acted as a catalyst, doping liquidity and reviving appetite for derivative products. $ Deep Just Went Parabolic – Up 150% This Week! The Pump? Fueled by Two Catalysts: 1⃣ Binance Futures Listing $ Deep with 50x Leverage 2⃣ Market-Wide Breakout Adding Fuel to the Fire @Deepbooksui is now of the Hottest Plays on @Suinetwork. Is this just the beginning?… Pic.twitter.com/fbhrjbzzwm— Super Corner (@Suicorner) April 23, 2025 let’s add to this a favorable macro context: the more accommodating tone of Donald Trump on Jerome Powell, combined with an apparent relaxation with China, offered an additional wind of support to the at risk, Altcoins like Deep. What do we know about this crypto? The Crypto Deepbook is a centralized decentralized order book (Clob) entirely on-chain, built on the Blockchain Su. It uses the parallel architecture of Sui and its low costs to offer a rapid, efficient and low latency trading platform. As a native liquidity layer of suis, Deepbook offers granular control on orders, better prices execution and is aimed at a more sophisticated audience than that of conventional AMMs. If the fundamentals are still young to justify a lasting revaluation of the token, technical analysis sends clear signals. Analyst @nihilusbtc, well known on X for his technical analyzes, anticipates a confirmed bullish reversal. On its 4h graph of the perpetual deepusdt contract (Bybit), there is a clean break from the downward trendline for crypto, often considered as a strong technical signal. $ Deepbullish. Pic.twitter.com/1jytn1slps – Nihilus (@nihilusbtc) April 22, 2025 The suggested price objective exceeds $ 0.30, an increase potential greater than 50 % from the current level of $ 0.1968. The structure in place evokes a rounded background formation, supported by a volume resumption, which suggests an impulsive movement if the dynamics are maintained. Morality of history: to Token who pump, we do not ask if it deserves it. Notice of non-responsibility Non-responsibility notice: In accordance with the guidelines of The Trust Project, BEINCRYPTO undertakes to provide impartial and transparent information. This article aims to provide exact and relevant information. However, we invite readers to verify the facts of their own and consult a professional before making a decision on the basis of this content.
A crypto earns 150 % in 7 days; Let’s see why?
