$CAP is the most badass new coin I’ve seen. With other new coins, perpetual contracts usually mean a sell-off—then it crashes, then crashes again. But this one—after two weeks of consolidation—it actually made a straight upward move, and it’s still moving very steadily. Even at today’s high, it’s still holding strong; there isn’t even a real pullback.
This coin’s perpetual contract is especially friendly to longs. Not only is the funding rate high, it also keeps climbing steadily while gobbling up “rice.” Of course, unfortunately, I’m from this batch of shorts—but I’m still genuinely shocked. It feels like this coin really is different. Out of all the altcoins that can sideways consolidate at such a high level for three days, there are very few.
This coin’s perpetual contract is especially friendly to longs. Not only is the funding rate high, it also keeps climbing steadily while gobbling up “rice.” Of course, unfortunately, I’m from this batch of shorts—but I’m still genuinely shocked. It feels like this coin really is different. Out of all the altcoins that can sideways consolidate at such a high level for three days, there are very few.