MIRA +1004.57% in 24 hours following surge event

On OCT 13 2025, MIRA rose by 1004.57% within 24 hours to reach $0.3819. This sharp increase came amid a broader pattern of significant price volatility. Over the past week, the token dropped by 2717.66%, and over the past month, it fell by 3670.39%. Year-over-year, MIRA has plummeted by 6840.9%. The dramatic 24-hour gain contrasts sharply with the recent downward trend, suggesting a potential anomaly or significant event triggered the spike.

The surge occurred at a time when market sentiment was largely bearish. The rapid rise followed no major publicly reported corporate announcements or market catalysts. Analysts have not offered projections or commentary on the price movement, as no formal reports were provided. Nevertheless, the 1004.57% gain represents a clear deviation from the prevailing trend and highlights the token’s extreme volatility.

Technical indicators suggest that the price movement may have been influenced by unusual trading activity rather than sustained demand. The sudden spike in value was not accompanied by increased trading volume, and no clear price support or resistance levels were engaged during the period. This points to the possibility of a short-term event-driven move, such as a large institutional trade or market manipulation, rather than a fundamental shift in investor sentiment.

Backtest Hypothesis

The nature of the MIRA surge raises an important question: Was this an isolated event, or is it part of a recurring pattern in the token’s price behavior? To explore this, a structured backtest can be performed to identify the specific trading day(s) when the +1004.57% move occurred. Once the event date is confirmed, a backtest can be conducted to analyze the pre- and post-event price behavior of MIRA.O. This includes evaluating price momentum, volatility clustering, and any potential carryover effects on subsequent trading days. The backtest would also help determine whether the surge was a one-off anomaly or if it shares characteristics with other significant price moves in the token’s history.

To proceed with the backtest, the exact trading date(s) of the surge must be identified. This can be done either by providing the known date(s) or by allowing an automated scan of MIRA.O’s historical returns from January 1, 2022, to the present. The scan would flag any day where the close-to-close return exceeded approximately +1004.57% (or 11×). Once these dates are established, the backtest can be executed to generate insights into the event’s characteristics and potential implications.