
Canton Network breaks two-month range as CC jumps 13.6%
- —CC gained 13.59% in 24 hours, trailing only ENA's 25% advance
- —The token broke a range in place since late July; the $0.09 demand zone held three times since August
- —CMF at +0.17 signals heavy buying and capital inflows
- —Daily mint/scan ratio stood at 0.614 (61.4%), close to deflationary territory
Why it matters: A break above $0.150 would flip CC's downtrend structure and open the way to $0.162, while a drop back to $0.125 would signal a false breakout.
Source: AMBCrypto