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Speculation surrounds EIGEN’s future Movement

Whale triggers interest: A whale bought $7.25 million in EIGEN, drawing attention and speculation about a possible price rally. Despite this, EIGEN has faced volatility, dropping 8.69% from its all-time HIGH of $5.06. Currently, 99% of investors remain in profit, maintaining interest.

Market sentiment varies: Though 79% of CoinMarketCap voters expect a price rise, Justin Sun sold 322,119 EIGEN tokens, causing market anxiety. EIGEN remains in an upward channel, suggesting bullish potential, yet risks loom if prices fall below $4.02, complicating future outlooks.

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