Here we go again: no news, but the position doubles first 😂
$KGEN surged from 0.066 to 0.094 and is now around 0.088,
up about 32% in a day.
Futures trading volume is around 44 million U, with no Binance spot pair—it's bouncing purely on futures.
The number of open contracts rose from around 39.16 million to 62.04 million in a day,
while the notional value climbed from around 2.62 million to 5.57 million U—nearly doubling.
Long positions still account for about 69% of accounts.
The funding rate is behaving itself, at around 0.005% every 4 hours.
I looked around, but couldn't find any new announcements from the project team.
When it pumps without a story, just watch for fun—don't treat it as fuel 🤡
$KGEN #KGeN #FuturesMoves
Personal opinion only; not investment advice
$KGEN surged from 0.066 to 0.094 and is now around 0.088,
up about 32% in a day.
Futures trading volume is around 44 million U, with no Binance spot pair—it's bouncing purely on futures.
The number of open contracts rose from around 39.16 million to 62.04 million in a day,
while the notional value climbed from around 2.62 million to 5.57 million U—nearly doubling.
Long positions still account for about 69% of accounts.
The funding rate is behaving itself, at around 0.005% every 4 hours.
I looked around, but couldn't find any new announcements from the project team.
When it pumps without a story, just watch for fun—don't treat it as fuel 🤡
$KGEN #KGeN #FuturesMoves
Personal opinion only; not investment advice