SNXX rose by 14.4% over the past 1 hour, and Binance open interest increased by 31.2%.
BIBIBI
AT A GLANCE
SNXXUSDT price and Binance open interest rose together over a short period, with an open interest-to-market capitalization ratio of 953.4%.
Article
🇨🇳 🟢 [SNXXUSDT] Binance open interest +31.2%; price rose 14.4% over the past 3600 seconds; open interest: 42900000 USD; open interest-to-market capitalization ratio: 953.4%; 24-hour price change: +12.4%
🇺🇸 🟢 [SNXXUSDT] Binance openinterest +31.2%, Price +14.4% in the past 3600 seconds, OI: $42.9M, OI/Marketcap ratio: 953.4%, 24H Price Change: +12.4%
💰 Market Cap
SNXX MarketCap: 4.5M
Key points
01
Binance SNXXUSDT open interest rose 31.2%.
02
SNXXUSDT rose 14.4% over the past 3600 seconds.
03
Open interest was 42900000 USD.
04
The open interest-to-market capitalization ratio was 953.4%.
05
The 24-hour price change was +12.4%.
06
SNXX market capitalization was 4500000 USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the value of contracts that have not yet been settled. The source showed that both the SNXXUSDT price and Binance open interest were rising, and that open interest was substantially larger than the reported market capitalization.
Why it matters to readers
These figures show short-term changes in the SNXXUSDT price, contract exposure, and its scale relative to market capitalization, which can help track market activity, but the source did not indicate the subsequent direction.
Beginners should distinguish contract open interest from spot market capitalization; these figures and their ratio alone do not prove that the price will continue to rise or fall.
Risks and unknowns
The source did not describe its data source, methodology, or calculation basis.
The source did not establish the specific project identity associated with SNXXUSDT or SNXX.
The source did not establish why the price and open interest rose.
The source did not provide a subsequent price direction or risk assessment.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.