KERNEL is one of the few “high-volume” performers on today’s gainers list: up 57% over 24 hours, with total network trading volume around $70 million. The price is still near the intraday high, and any pullback is less than 6%.
The real action is in the derivatives. Open interest across the whole network surged 188% in a single day; Binance alone added 134% in the last four hours. Even after all those adds, the total is only $9.11 million. Leverage isn’t absent—it’s just barely at the doorstep.
This is still a short situation: in the past hour, the whole network liquidated $1.56 million, and 81% of it was short positions. Squeezing shorts isn’t over yet—leveraged buyers who chased longs are already lining up to enter.
With a market like this, the faster it rallies, the more dangerous it is the moment it gets capped. Do you think KERNEL can hold above 0.06?
View in real time: https://www.coinboss.com/currencies/KERNEL