I noticed that the Mog coin has been increasing in value recently and I'm wondering what factors could have contributed to this rise. Is it due to
market demand, new developments related to the coin, or some other reasons?
5 answers
Raffaele
Sun Oct 27 2024
Mog Coin's open interest experienced a significant surge within a single day.
BitcoinBaronGuard
Sun Oct 27 2024
In this case, it implies a dominance of long contracts in the Mog Coin market.
amelia_jackson_environmentalist
Sun Oct 27 2024
The open interest jumped from $11 million to $16 million, marking a 45% increase.
SamsungShiningStar
Sun Oct 27 2024
This sudden rise in open interest indicates a notable increase in
market contracts.
MountFujiVista
Sun Oct 27 2024
Typically, a higher open interest accompanied by a positive funding rate suggests a trend.