Observing the Binance contract data, rats trading volume is 620 million, second only to BTC, ETH, and SOL. This is an amazing data since rats went online. Since Binance has not listed spot, there is a possibility that some spot players will open 1x or 2x. The market value of rats, which has increased by 50%, is 100 million, and the turnover rate is 600%. In other words, the trading volume in one day is 6 times the circulation number. It can be seen that the market demand is strong, indicating that all circulating chips have been bought and sold 6 times. Rat is completely out of the circle, and the transaction is very active. Such high liquidity is obviously not something that retail investors can pull up. Various people have strong capital to enter the market, and the trading volume in the second half of the night can be said to be a large number of foreigners entering the market. In short, it has successfully attracted the high attention of overseas players.
How to value the market value? There is no upper limit to the ceiling of meme. The narrative of rats is simple and easy to understand. It has culture, emotion, consensus, communication, etc. According to the trading volume data, its market value can fully match the market value of 1 billion. You should know that it has touched 600 million twice before. The volatility of rats is relatively large and the washing is more annoying. Most people really can't hold the chips. It is a bit similar to the history of shib and pepe. From this point of view, there is still 10 times of space. In the big bull market, 10 billion is imaginative.
RATS has two meanings. One is to firmly oppose rat warehouses, insider trading, market manipulation and bad projects, and at the same time oppose information asymmetry and false information, and firmly resist VC coins. The second is to represent the most desired demand of the grassroots people, which is fair opportunities. Therefore, it has successfully gone out of the circle under a series of operations of Binance. Regardless of whether Binance is listed or not, the narrative of rats is there and cannot be ignored.
Retail investors wake up and ask again,
$ZRO circulation 25%, market value 800 million, fdv 3.2 billion, trading volume 320 million.
$RATS circulation 100%, market value 100 million, fdv 100 million, trading volume 620 million.
What would you choose? Newcomers who don't know rats can take a look at the top post. dyor
