$IRYS
A new face on the futures gainers list. I’ve been watching it since 6 a.m.: +60% → +52.7% → +42.6% → +40.9% → +36.8%. It kept narrowing and dipped below the 40% mark, then just bounced back to +42.4%. Current price: 0.01854.
It’s already touched its 24-hour high of 0.02237. Futures volume over the past 24 hours is $151 million, and the 0.005% funding rate looks normal—there’s no sign of a short squeeze. IRYS isn’t listed on Binance spot yet, so it’s a futures-only asset. The back-and-forth around the 40% mark is being driven entirely by leveraged funds.
When a coin’s gains keep riding up and down like an elevator, do you keep watching and wait for a direction, or just swipe away?