$ALGO 0.10 Chopped sideways for half a day, and the funding rate just flipped from negative to slightly positive
After poking above the daily high of 0.101 during the overnight session, daytime volume retreated to 0.099–0.100, with the current price at ≈0.0994. Open interest stayed flat at around 68.3 million units, worth ≈$6.8M—no explosive buildup in positions. The funding rate flipped from negative to about +0.0017%, erasing the shorts’ funding advantage.
Quantum resistance and the Falcon signature setup weren’t built overnight; after the leadership change, trading volume is still relatively thin compared with the broader market. Against $BTC ’s moves over the same period, it first led the L1 rotation, but now looks more like it’s digesting its premium. Whether a pullback to the 0.098 zone comes with volume will determine whether this sideways action is a buildup or just the afterglow of a false breakout.
#MemeCoreM token plunges 80% in a matter of hours
After poking above the daily high of 0.101 during the overnight session, daytime volume retreated to 0.099–0.100, with the current price at ≈0.0994. Open interest stayed flat at around 68.3 million units, worth ≈$6.8M—no explosive buildup in positions. The funding rate flipped from negative to about +0.0017%, erasing the shorts’ funding advantage.
Quantum resistance and the Falcon signature setup weren’t built overnight; after the leadership change, trading volume is still relatively thin compared with the broader market. Against $BTC ’s moves over the same period, it first led the L1 rotation, but now looks more like it’s digesting its premium. Whether a pullback to the 0.098 zone comes with volume will determine whether this sideways action is a buildup or just the afterglow of a false breakout.
#MemeCoreM token plunges 80% in a matter of hours
