Someone asked, why was the funding rate for icnt, which went live yesterday, so high, while today’s bulla is so low?
It's simple!
Actually, this is related to the properties of the tokens.
bulla is a meme coin, and the token value is difficult to estimate.
On the other hand, icnt is a conventional grid coin
that has already been roughly valued since its launch.
As a result, many people went in short right from the start.
With more short sellers, the funding rate naturally went up.