iExec RLC Price Rises 11.06% in One Hour, Reaching $0.9891

iExec RLC (RLC) rose 11.06% in one hour on Oct. 15, moving from $0.8906 to $0.9891 as its 24-hour trading volume reached about $5.8 million.

The change amounted to $0.0985 per token from the stated starting price. The price increase covers one hour, while the volume figure covers 24 hours, so the measures describe different periods.

No specific catalyst was identified for the rise.

RLC has seen other sharp moves this month. Oct. 6 price snapshots ranged from about $0.72 to $0.90 as open interest climbed roughly 1,760% in 24 hours to about $35.1 million. Reported 24-hour gains varied across snapshots. An earlier account of the derivatives surge detailed those differing market readings.