A few days ago I saw that RATS futures was trading with 3rd highest volume on Binance only behind $BTC and $ETH . So I bought some. Today it is again trading at very high volume, like $600M so far, when you realise that FDV of RATS is only $100M, then that is huge. It could get to 10X the FDV in trading volume on Binance alone and 20X on all platforms. what has been happening os that Binance is being heavily criticised for listing all these VC coins with lots of unlocks to come. And the community is asking for a coin that has no VCs and is fully unlocked already, and usually that would mean a memecoin. And I think the market is trying to prove to Binance that RATS has a huge community behind it, so Binance can make a lot of money by listing itâŠ. Anyways, CZ is in jail, and his wife He Yi is running the show so there are lots of uncertainties. I DCAed in some more, NFA DYOR. The goal here is to get OKX to list RATS or eventually get a Binance spot listing. That would be huge. RATS in volume is already larger than SATS, it is already 2nd largest Ordinal. Anyways, itâs a gamble, letâs see what happens, if Binance management gets the idea or not?
Yes I saw the rally in USD, and itâs pushing Japanese Yen to 38 year low!! And Chinese Yuan also pushed to 7.305 nowâŠ.. The Wall Street Big Bosses told Fed to keep rates high to crush EU Japan and especially China. And if US economy is tanking, then just borrow $2Trillion USD to pump it into the economy via the US Treasury Departmentâ- which is exactly what is happening in the market right now.
