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Monitoring information states that FOLKSUSDT the price and Binance open interest rose simultaneously in the short term.
🇨🇳 🟢 [FOLKSUSDT] Binance open interest +10.1%; price rose 16.6% over the past 3600 seconds; open interest: 7900000 USD; open interest-to-market capitalization ratio: 20.8%; 24-hour price change: +22.9% 🇺🇸 🟢 [FOLKSUSDT] Binance openinterest +10.1%, Price +16.6% in the past 3600 seconds, OI: $7.9M, OI/Marketcap ratio: 20.8%, 24H Price Change: +22.9%
💰 Market Cap FOLKS MarketCap: 38.1M
Over the past 3600 seconds,FOLKSUSDT the price rose 16.6%。
Binance open interest increased 10.1%, reaching 7900000 USD。
The open interest-to-market capitalization ratio was 20.8%.
24 Hourly price change: +22.9%。
FOLKS Market capitalization: 38100000 USD。
The following is analysis, separate from reported facts. Verify important claims independently.
This monitoring information shows that FOLKSUSDT over the past 3600 seconds, the price rose significantly while Binance open interest also increased. Open interest is the size of unsettled contracts; an increase indicates that the number of unsettled contracts in the market has grown, but these data alone cannot determine whether prices will rise or fall next.
The rapid simultaneous changes in price and open interest indicate that short-term volatility and the scale of contract participation for this trading pair warrant attention.
Beginners should note that a short-term gain and an increase in open interest do not mean that the price will continue to rise, nor can they serve as the sole basis for trading.
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View glossary →A metric for the total value of currently tradable tokens calculated at current prices.
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