1 hour explosion 300%, will $PLAY be the next $MYX ?
Let’s state the conclusion: not quite the same
The peak funding rate during PLAY is 0.2917%, indicating that the bulls' aggressive buying prompts arbitrage funds to buy the spot, which is driven by the contract's buy orders pushing the price up, and there isn't intense long-short contention. The bulls cannot force the bears to surrender and pay profits by collecting high funding fees.
It’s better to enjoy together than to enjoy alone; if you reach out, I can pull you ashore!!
SUI TURMP BONK PEPE OM SOL PNUT