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DEEP suddenly surged today, rising 3.17% in just 15 minutes, with the price reaching 0.05365. There are several noteworthy factors behind this wave of market activity.
First is the positive news on the ecosystem level. DEEP has been officially recognized by Mysten Labs as their best token representation, which is equivalent to an official endorsement of its core position within the Sui network. Such a level of official recognition carries significant weight for the project, and the market's response has been quite敏锐.
Second, the support from the Sui community is substantial. The consensus on DEEP within the entire ecosystem continues to strengthen, with more protocols considering integration and liquidity steadily flowing in. This community resonance often translates into genuine trading enthusiasm.
From a trading perspective, the trading volume of DEEP in the past 24 hours reached 79,985 USDT. Maintaining this level at this price indicates real participation, not just false prosperity. The 15-minute timeframe has already become one of the most bullish indicators, reflecting genuine demand driving the movement.
Looking at the more detailed candlestick performance: 3.17% increase in 5 minutes, 2.64% in 15 minutes, 2.33% in 30 minutes, 1.84% in 1 hour, and a cumulative 6.05% over 4 hours, indicating that this upward trend has a certain degree of trendiness rather than being purely a short-term pulse.