My take on $MEME is pretty straightforward: it made the leaderboard today, more like the hype got ignited, not exactly a solid move.
Spot trading is only $3.55M, while the derivatives market has already surged to $13.56M, a whopping 3.8 times difference, looks like everyone is leveraging to catch the momentum.
What's even more subtle is that the funding rate is still at -0.0081%, indicating that the sentiment here isn't overwhelmingly bullish, yet the open interest has piled up to 4.7 billion tokens, which feels a bit off.
Just got home from work, and as soon as I put my bean bag down, my cat jumped on my keyboard. I can't keep my eyes off the $0.0007 price, it's really hard to resist 😂
It's already shot up 15.724% in 24 hours, and the low and high points have stretched from $0.000554 to $0.000657, this kind of coin really makes your fingers itch.
I'm leaning towards just watching and not chasing; pure hype plays can easily get you high. If you lose, don’t cue me, but if you win, buy me a coffee. $MEME #MEME
Spot trading is only $3.55M, while the derivatives market has already surged to $13.56M, a whopping 3.8 times difference, looks like everyone is leveraging to catch the momentum.
What's even more subtle is that the funding rate is still at -0.0081%, indicating that the sentiment here isn't overwhelmingly bullish, yet the open interest has piled up to 4.7 billion tokens, which feels a bit off.
Just got home from work, and as soon as I put my bean bag down, my cat jumped on my keyboard. I can't keep my eyes off the $0.0007 price, it's really hard to resist 😂
It's already shot up 15.724% in 24 hours, and the low and high points have stretched from $0.000554 to $0.000657, this kind of coin really makes your fingers itch.
I'm leaning towards just watching and not chasing; pure hype plays can easily get you high. If you lose, don’t cue me, but if you win, buy me a coffee. $MEME #MEME