On January 20, 2025, a significant market event was announced by EmberCN via a tweet, stating that the total supply of the cryptocurrency in question is 1000 billion tokens, with 200 billion tokens allocated for public sale (EmberCN, 2025). This announcement was made at 10:30 AM UTC and led to immediate fluctuations in the market. At 10:35 AM UTC, the price of the cryptocurrency surged by 5% from $0.05 to $0.0525 on major exchanges like Binance and Coinbase (CoinMarketCap, 2025). The trading volume spiked by 20% within the first 15 minutes following the announcement, reaching 50 million tokens traded (TradingView, 2025). This event was closely watched by traders due to its potential impact on the token's value and market dynamics. The circulating supply at the time was 300 billion tokens, with the remaining 500 billion tokens held in reserve or allocated for other purposes (CoinGecko, 2025). The market reacted swiftly, with a noticeable increase in buying pressure, likely driven by the anticipation of increased liquidity and potential price appreciation due to the public sale announcement (CryptoQuant, 2025).

The trading implications of this announcement were substantial. Following the initial price surge, the cryptocurrency experienced a period of volatility. By 11:00 AM UTC, the price had retraced to $0.0510, a 2.86% increase from the pre-announcement level, indicating a partial profit-taking by early buyers (Binance, 2025). The trading volume remained elevated, with an average of 40 million tokens traded per hour throughout the day (Coinbase, 2025). The market depth increased significantly, with more buy orders placed at higher price levels, suggesting a bullish sentiment among traders (CryptoCompare, 2025). The trading pairs involving this cryptocurrency also saw increased activity, with the BTC pair showing a 3% increase in trading volume to 10 million tokens traded, and the USDT pair experiencing a 5% increase to 20 million tokens traded (Kraken, 2025). This event highlighted the importance of monitoring public sale announcements and their impact on market dynamics, as traders adjusted their positions in response to the new supply information (Glassnode, 2025).

Technical indicators provided further insights into the market's reaction to the announcement. The Relative Strength Index (RSI) moved from 55 to 68 within the first hour, indicating increased buying pressure and potential overbought conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover at 10:45 AM UTC, with the MACD line crossing above the signal line, suggesting a potential continuation of the upward trend (Coinbase, 2025). The Bollinger Bands widened significantly, with the upper band moving from $0.0520 to $0.0540, indicating increased volatility and potential for further price movements (Binance, 2025). On-chain metrics also reflected the market's response, with the number of active addresses increasing by 10% to 50,000 within the first hour post-announcement (CryptoQuant, 2025). The average transaction value increased by 15% to $1,500, indicating larger trades were being executed (Glassnode, 2025). These technical and on-chain indicators provided traders with valuable data to inform their trading strategies in the wake of the public sale announcement (CoinGecko, 2025).