If you can't keep up with the market pace, you can only run alongside
KAITO makes 3 times more on long positions
So do you know why KAITO is rising?
Market makers driving the price? Whales entering the market? Positive news? Airdrop distribution, short squeeze market
Market makers controlling behind the scenes and exchanges adding fuel to the fire
Airdrop + Staking lockup, 33% of KAITO used for airdrop, but the rules are complicated, many people receive coins but can't sell them, resulting in very little actual selling pressure
The secret of the funding rate being -1.6%: Explosive cost of shorting: a -1.6% rate means that those shorting have to pay 1.6% every 4 hours to those going long.
Short squeeze tactics, intentionally raising rates to attract retail investors to short, then violently driving the price up to force shorts to liquidate. The liquidation buy orders in turn push the price higher.
This wave of KAITO's rise is a collusion of market makers, exchanges, and airdrops, with negative rates being just a harvesting tool. Remember when playing with this coin - the gains belong to others, the losses are yours, and you must run fast to survive.
