A first since February in Shiba


Shiba's performance has diverged from the market in recent days. Memecoin, which has been rising continuously for 5 days, has increased by close to 30 percent. Open transactions on Memecoin exceeded $100 million. The amount of locked dollars in SHIB futures contracts exceeded $100 million for the first time since February. #shib # shiba #kayavhx
Open trades at Shiba hit year's peak
Investor interest in SHIB futures has more than doubled this month, according to data from Coinglass. Open trading positions reached $101.65 million, the highest level since Feb. SHIB futures are sized at 1000 SHIB per contract with up to 25x leverage. SHIB price has found support from the upcoming Layer-2 launch. The market capitalization of cryptocurrencies increased by 32 percent to approach $ 6.6 billion. SHIB's open interest has exceeded $100 million at least seven times since its inception. The previous six spikes marked a peak in Bitcoin prices. However, during the last SHIB rise, BTC showed a bearish trend. BTC found buyers around $29,400.
#kayavhxchat # kayavhx
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