$SPCX why in futures pre 1600?

SPCX219.35%
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Mr.D
· 7h ago
This is based on the price per share, multiplied by the total quantity to get the market capitalization.
The futures are based on market capitalization, with 1,600 units equivalent to a 1.6 trillion market cap.
Because this quantity is very small, the market cap is also low, but this price is the same as other prices because only this much is invested in the crypto market.
Holding onto this means the price fluctuations follow the U.S. stock market, and spot trading doesn't require deducting fees, so it's more stable.
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BearishTradersCanSurviveFor
· 7h ago
This should be viewed with a long-term perspective, similar to BNB, the same principle applies; in the early stages, it will definitely be half-dead and inactive.
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ZhouYubin
· 7h ago
Laughing to death, all the IPOs are losing money, none are making a profit.
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