Reason behind GAS parabolic runs
GAS TOKEN IS UP MORE THAN 1100% IN 3 WEEKS š„š„
WHAT IS DRIVING THIS PARABOLIC RUNā
š¶ Since my 1st tweet on GAS and the rebranding narrative, #GASUSDT is up over 254% and is up over 1100% in 3 weeks.
š¶ In the past few months, there have been 3 things that have been common behind every parabolic run.
š¶ Those are low circulating supply, listing on #Upbit exchange, and a negative funding rate.
Let's compare this with #Gas š
ā¶ļø GAS currently has a circulating supply of 10.128 million, which is just 10% of its circulating supply.
ā¶ļø It's already been listed on Upbit,, and currently, over 69% of its trading volume is from Upbit.
ā¶ļø From the past few days, it's funding rate has been deep negative,, which shows people are max shorting it and they are getting liquidated just like they got with CYBER, #TRB, HIFI, BLZ,, and many other tokens.
š¶ Right now, the 24-hour trading volume of GAS is already 500% of its MCap, which indicates that a peak could be near.
š¶ My suggestion would be to not play leverage with these,
š¶ Every pump is not meant to be shorted, and if you see a coin with the 3 abovementioned things, it's better to focus on other tokens.