#RARE The funding rates are the fees set by cryptocurrency exchanges to maintain balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a mechanism for fund exchange between long and short traders, adjusting the cost or profit of holding contracts to keep the contract price close to the underlying asset price. But in this case Binance are using Rare funding rate to steal from it customers. The price charge though is too. Stop. This nonsense#Binnance

02/24/2024 05:00:00 GMT| By Lockridge Okoth
Next week’s nearly $250 million worth token unlock events: YGG, AGIX, SUI, OP, PRIME, MANTA DYDX, ZETA

Eight altcoins will unlock $248.19 million worth of cryptocurrency tokens next week.
Large value unlocks have the potential to influence altcoin prices, token prices could crumble under selling pressure.

Yield Guild Games, SingularityNET, Sui, Optimism, Echelon Prime, Manta Network, dYdX and ZetaChain are lining up to increase their circulating supply.

Data according to TokenUnlocks shows that several projects are lining up to increase their circulating supplies next week, between February 27 and March 1.

Yield Guild Games, SingularityNET, Sui, Optimism, Prime, Manta Network, dYdX and ZetaChain have scheduled to offload between 0.35% and 5.57% of their circulating supply into the markets in a cliff unlocks event.

Implication of token unlocks on the market:
While token unlocks are generally considered bearish catalysts, those cryptocurrencies that unlock over 3% of their circulating supply are often the ones that suffer a correction in their price.

Traders should keep an eye out for these events because of their nature to cause price volatility. Proactive traders know how to make a profit by trading around these events. The other lot is likely to be rekt as part of exit liquidity.

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RETIK FINANCE (RETIK) RAISES $32 MILLION WITHOUT BREAKING A SWEAT, PRESALE SOLD OUT MONTHS BEFORE ANYONE EXPECTED#TrendingTopic

In a resounding testament to the growing prominence of decentralised finance (DeFi) platforms, Retik Finance (RETIK) has achieved a remarkable milestone by raising $32 million in its presale phase, all while seemingly gliding through the process effortlessly. What’s even more impressive is that the presale sold out months before many industry insiders had anticipated, underscoring the fervent demand for innovative DeFi solutions. The journey of Retik Finance (RETIK) from its inception to its triumphant presale success is a tale of visionary leadership, technological innovation, and unwavering community support.

The Vision Behind Retik Finance (RETIK)

At the heart of Retik Finance (RETIK) lies a bold vision to revolutionise the traditional financial landscape through decentralised, transparent, and accessible financial solutions. Founded on the principles of blockchain technology and decentralised finance, Retik Finance aims to empower individuals and businesses worldwide by providing them with the tools and infrastructure needed to take control of their financial futures.

Looking Ahead: The Future of Retik Finance (RETIK)

With its presale successfully concluded and $32 million raised, Retik Finance now sets its sights on the next phase of its journey. As the project gears up for its official launch and the rollout of its full suite of products and services, excitement continues to build within the crypto community. In the months ahead, Retik Finance plans to leverage its newfound momentum to further expand its user base, strengthen its partnerships, and solidify its position as a leading player in the DeFi space. With a dedicated team, a passionate community, and a clear vision for the future, Retik Finance is well-positioned to redefine the way we think about finance and usher in a new era of decentralised prosperity.

Visit the links below for more information about Retik Finance (RETIK):
Website: https://retik.com
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