C98 Explodes +35% Today. Why Coin98 is Mooning on Binance.
Hi everyone. If you’ve been checking the charts today, it’s impossible to miss Coin98 (C98) on Binance. In just 24 hours, the price has surged by over +35%, hitting the $0.032 - $0.035 range with a massive trading volume of over 267 million C98.
What’s Driving This Massive Move?
This isn't just a random pump. There are some very strong fundamental and technical reasons fueling this rally.
The G98 Vietnam Momentum Coin98’s strategic joint venture, G98 (partnering with Tether and local Vietnamese leaders), is officially heating up. Vietnam is one of the highest crypto-adoption markets in the world, and this venture is focused on compliant digital products that drive real utility for the $C98 token.
A Classic Technical Breakout: After consolidating at lows between $0.015 and $0.022 throughout January, $C98 finally "woke up". We are seeing a bullish crossover of the EMAs (25/50/100) and a record spike in volume, signaling that the "whales" are back in the game.
FOMO & Liquidity When a mid-cap token like $C98 breaks out this aggressively, it triggers a "fear of missing out" (FOMO) among traders. With over $222 million in daily volume, the momentum is currently decoupling from the broader market's weakness.
A Quick Look at the Chart
The Surge the price smashed through resistance and is currently trying to hold the $0.032 support level.
Next Targets If we can maintain a daily close above $0.032, the next psychological targets are $0.035 and $0.040.
Risk Watch After a +35% move, some profit-taking is expected. While the RSI is heating up, it hasn't reached extreme exhaustion yet, but stay cautious.
My Take
Coin98 is evolving from just a multi-chain wallet into a serious infrastructure play for the Asian market. If the G98 venture continues to deliver, 2026 could be a very big year for this token.
What do you think Is this just the beginning of the "Vietnam Hype," or are we due for a quick retrace? Let me know your thoughts in the comments.
Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are extremely volatile and risky. The author may hold positions in mentioned assets. Always conduct thorough research and never invest more than you can afford to lose.
