Upbit just listed $RSR on its KRW market. It’s trading at 0.002441, up 52.95% in 24 hours, and has blown past its previous 30-day high of 0.001852. Trading volume is 8.4 times the average daily volume over the past 7 days, while BTC is up just 1.40% over the same period. The futures funding rate is -0.1223%—shorts are lining up to pay, and it feels a bit like the end of a concert, with everyone crowding through the same door.
Just a quick note, not investment advice.
Just a quick note, not investment advice.