An obscure public chain lit its own firework today.
The contract surged about 33% in a day, hovering around 0.00148, with trading volume just over $35 million. Funding was pushed down to around -0.013%, while the account long/short ratio was only 0.96—shorts were paying funding as the price rose, and retail traders weren’t crowded in. I wouldn’t treat this kind of slope as a trend to ride; I’ll let the volatility burn itself out first.
$ONE
#Reports say Kazakhstan's government is investing $100 million in a crypto fund
The contract surged about 33% in a day, hovering around 0.00148, with trading volume just over $35 million. Funding was pushed down to around -0.013%, while the account long/short ratio was only 0.96—shorts were paying funding as the price rose, and retail traders weren’t crowded in. I wouldn’t treat this kind of slope as a trend to ride; I’ll let the volatility burn itself out first.
$ONE
#Reports say Kazakhstan's government is investing $100 million in a crypto fund
