RAREUSDT rose 16.7% over the past 1 hour as Binance open interest increased 34.4%
BIBIBI
AT A GLANCE
The RAREUSDT price and Binance open interest rose sharply together over the past 3600 seconds.
Article
🇨🇳 🟢 [RAREUSDT] Binance open interest +34.4%; price rose 16.7% over the past 3600 seconds; open interest: 2900000 USD; open interest-to-market capitalization ratio: 21.4%; 24-hour price change: +24.1%
🇺🇸 🟢 [RAREUSDT] Binance openinterest +34.4%, Price +16.7% in the past 3600 seconds, OI: $2.9M, OI/Marketcap ratio: 21.4%, 24H Price Change: +24.1%
💰 Market Cap
RARE MarketCap: 13.5M
Key points
01
RAREUSDT rose 16.7% over the past 3600 seconds.
02
Binance RAREUSDT open interest increased 34.4%.
03
Open interest was 2900000 USD.
04
The open interest-to-market capitalization ratio was 21.4%.
05
The 24-hour price change was +24.1%.
06
RARE market capitalization was 13500000 USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The monitoring data showed that the RAREUSDT price rose substantially over a short period while the value of unsettled Binance contracts also increased. Open interest is the total value of contracts that remain active and open; its ratio to market capitalization compares contract exposure with the asset's market capitalization.
Why it matters to readers
The simultaneous rapid changes in price and open interest showed substantial activity in the pair, but the source data alone cannot prove whether the price will continue to rise or turn downward.
Beginners can treat this as a short-term volatility signal rather than a buy or sell conclusion and should pay particular attention to the scale of the price change and contract data.
Risks and unknowns
The data came from a single Telegram monitoring message, and the source did not provide independent verification.
The source did not describe the calculation method or exact start and end times for the increase in open interest.
The source did not provide trading volume, funding rates, or subsequent price movement.
These data cannot establish whether the rise will continue.
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Related concepts
Open Interest
This term is not in the glossary yet. Browse related concepts in the glossary.