Manyu Reaches New ATH Amidst Short-Term Momentum

The analysis of Manyu shows a recent market rally with a notable increase in market cap reaching a new ATH of $45.7 million, close to the current FDV of $42.1 million. The liquidity stands at $1.1 million, which is about 79 times the market cap, indicating relatively substantial liquidity. In the past 12 hours, the market experienced a volume of $8 million, with a 1% decline in the last hour. The project is young, at only 9 days old, but has gained momentum with substantial trading activity and an active community averaging 14 months of engagement. Recent increases of 8% in one day and 17% over a week suggest positive short-term momentum. The liquidity pool is fully filled at 100%, and the overall sentiment appears optimistic, supported by positive market stats and trading volume. Given these factors, the project seems to be gaining traction quickly, although the short lifespan warrants caution regarding sustainable growth.