Here’s a quick explanation of why $C98
(C98) price has been pumping recently (based on current market data):
$C98 price is up significantly this week, showing strong gains in the past 24 h and 7 days according to market trackers.
One of the major drivers is renewed investor interest after a strategic investment and funding news, which often attracts traders and increases demand.
The project announced new ecosystem developments like the G98 joint venture and partnerships, boosting confidence in its long‑term utility.
Technical indicators are currently showing bullish momentum and strong buy signals, suggesting many traders are entering long positions.
Another reason is broader crypto market rallies, where altcoins often follow Bitcoin and DeFi sector strength.
Enhanced staking and utility programs (like PowerPool staking) give holders more reasons to buy and hold rather than sell.
High trading volume and market attention amplify short‑term price moves in smaller market cap tokens like $C98
If you want, I can also give a short technical price forecast (bullish vs bearish scenarios) for the next few days.