Infinex ($INX ) is experiencing a rebound that's more than just a short-term price bump: a 24-hour gain of over 19%, with open interest (OI) increasing by 34.9%, indicating that capital participation is heating up.
I'm keeping an eye on three key variables: the addition of spot order books which brings trading depth expectations, the Hyperliquid ecosystem working in synergy to boost narrative hype, and the continuous growth of market maker revenue which supports the fundamentals. The current quote is around $0.00779, with a 24H trading volume of approximately $3.89 million and a market cap of about $15.54 million. The market is still small, showing high elasticity but also more intense volatility.
For short-term trading, we should monitor whether OI continues to expand, if the trading volume can keep up, and whether we can hold the critical areas of high trading density during pullbacks. If chasing the pump, be sure to manage your position size. #Infinex #Crypto #INX
I'm keeping an eye on three key variables: the addition of spot order books which brings trading depth expectations, the Hyperliquid ecosystem working in synergy to boost narrative hype, and the continuous growth of market maker revenue which supports the fundamentals. The current quote is around $0.00779, with a 24H trading volume of approximately $3.89 million and a market cap of about $15.54 million. The market is still small, showing high elasticity but also more intense volatility.
For short-term trading, we should monitor whether OI continues to expand, if the trading volume can keep up, and whether we can hold the critical areas of high trading density during pullbacks. If chasing the pump, be sure to manage your position size. #Infinex #Crypto #INX