Lark Davis Says DYDX Price Is Going Parabolic

Crypto trader and on-chain analyst Lark Davis has expressed his view about how DYDX price is performing these days.

In line with this, Davis just tweeted that the DYDX price is under a parabolic phase and it is even “going nut” in the crypto market.

Leading to this price sensation, DYDX’s price has surged up overwhelmingly by 35.50%. Even, aside from DYDX’s current state in price, the crypto is still showing a flourishing sign, indicating that it’s ever-ready to go bullish than what we are seeing now.

Adding more, the DYDX price is currently trading at $20.67 with a 24-hour trading volume of $1,750,642,226. Also, it has a market capitalization of $1,151,077,628 at the time of writing, according to CoinMarketCap data.

Going back to Davis' tweet, the crypto twitter netizens reacted happily. Many told Davis to also pay further attention to other altcoins that are also doing well. Not only this, but other people also asked if the DYDX current surge could increase buyers’ interest.

Furthermore, many also urged Davis to highlight what was actually behind the sudden rise in the DYDX Price.