ZEN suddenly surged in the past hour, reaching 6.92 USD.
The derivatives open interest also surged by 13.82%, reaching 22.35 million USD. When both price and open interest rise together, it is usually a strong bullish signal, indicating that buying momentum is increasing and capital is continuously flowing in.
With a current market capitalization of 146.9 million USD, ZEN is likely about to enter a short-term strong cycle.
How high do you think this wave can go?
ZENUSDT
Perp
9.14
-3.63%