
EGLD at $4.04, up 7.5% 24h and 5% 7d off ATL $3.62 set April 2. Established infra and $8M volume deliver superior liquidity to unproven rivals, priming momentum plays. 99% ATH wipeout and #246 rank expose irrelevance grind. Fixed 30M supply lacks scarcity punch. Oversold bounce fuels volatility (8% 24h range), but $4.06 caps it—dead-cat risk high amid seller exhaustion. No catalysts in sight; broad market dictates.
