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$GENIUS Contract Part 1: Relay Acceleration
30 minutes ago, the leader was LAB
Now it switches to GENIUS
The top ranking increase went from 63% to 36%
Indicating the popularity is shifting
Open Interest from +92.7% in 24h
to -5.2% in 1h
Showing that after the new position surged,
funds have started to withdraw
Fee rate from 0.078% to 0.005%
Bullish traders' payments have significantly cooled down
Retail longs account for 37%
The shorts are not convinced yet
If it can't break the high point at 0.692
and Open Interest continues to decline, and the fee rate turns negative
the trend might start to change
$GENIUS Is this a switch of the leader, or a relay trap?