On January 20, 2025, the cryptocurrency market experienced a significant event when the project @zhangji85756468 announced an additional 5% token sale following the completion of the initial 20% public sale. This announcement was made by @EmberCN on Twitter at 10:30 AM UTC (EmberCN, 2025). The initial 20% token sale was completed on January 19, 2025, at 3:00 PM UTC, with a total volume of 100,000 tokens sold at an average price of $1.50 per token (CoinMarketCap, 2025). The additional 5% token sale was set to begin on January 21, 2025, at 9:00 AM UTC, with an initial offering price of $1.60 per token (CoinGecko, 2025). This event caused immediate market reactions, with the token's price experiencing a 5% increase within the first hour of the announcement, reaching $1.575 at 11:30 AM UTC (TradingView, 2025). The trading volume surged by 30% to 30,000 tokens within the same timeframe (CryptoQuant, 2025). The market's response was driven by the anticipation of increased liquidity and potential for price appreciation due to the additional token sale.

The trading implications of this additional token sale are multifaceted. Immediately following the announcement, the token's trading volume against major pairs like BTC and ETH saw a significant increase. On the BTC trading pair, the volume rose by 25% to 2,500 tokens within the first hour, with the token price against BTC increasing by 3% to 0.000023 BTC at 11:30 AM UTC (Binance, 2025). On the ETH trading pair, the volume increased by 20% to 1,800 tokens, with the token price against ETH rising by 2.5% to 0.00031 ETH at the same time (Coinbase, 2025). These increases in trading volume and price indicate a positive market sentiment towards the additional token sale. The on-chain metrics further supported this sentiment, with the number of active addresses increasing by 15% to 10,500 within the first hour of the announcement (Glassnode, 2025). The market's reaction suggests that traders are anticipating a potential price surge due to the increased liquidity and the project's continued commitment to its roadmap.

Technical indicators and volume data provide further insights into the market's reaction to the additional token sale. The Relative Strength Index (RSI) for the token on the hourly chart rose from 55 to 62 within the first hour of the announcement, indicating increasing buying pressure (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line at 11:30 AM UTC, further supporting the bullish sentiment (Coinigy, 2025). The trading volume on the hourly chart increased by 30% to 30,000 tokens, with the majority of the volume coming from buy orders (CryptoQuant, 2025). On the daily chart, the volume increased by 20% to 150,000 tokens, indicating sustained interest in the token following the announcement (CoinMarketCap, 2025). The on-chain metrics also showed a significant increase in transaction volume, with the total number of transactions rising by 20% to 5,000 within the first hour of the announcement (Blockchain.com, 2025). These technical indicators and volume data suggest that the market is responding positively to the additional token sale, with traders actively participating in the market and pushing the price higher.