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FARTCOIN open interest and price rose together, showing a clear increase in market activity.
🇨🇳 🟢 [FARTCOINUSDT] Binance open interest +8.4%, over the past 3600 seconds the price rose 9.5%, open interest: 20100000 USD, open interest/market capitalization ratio: 10.9%, 24-hour price change: +20.1% 🇺🇸 🟢 [FARTCOINUSDT] Binance open interest +8.4%, Price +9.5% in the past 3600 seconds, OI: $20.1M, OI/Marketcap ratio: 10.9%, 24H Price Change: +20.1%
💰 Market Capitalization FARTCOIN MarketCap: 184.1M
Binance FARTCOINUSDT open interest increased 8.4%.
The price rose 9.5% over the past 3600 seconds.
Open interest was 20100000 USD, or 10.9% of market capitalization.
The 24-hour price change was +20.1%.
FARTCOIN market capitalization was 184100000 USD.
The following is analysis, separate from reported facts. Verify important claims independently.
Open interest is the total value of contracts that remain open. Here, open interest and price both rose, indicating increased trading activity in the derivatives market.
The simultaneous increases in price and open interest indicate strong market participation, but these data alone cannot determine the subsequent price direction.
Beginners can understand open interest as the size of contracts in the market that have not yet closed; an increase does not mean the price will necessarily continue rising.
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View glossary →A metric for the total value of currently tradable tokens calculated at current prices.
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