Markets· ★★· bullish·

Basic Attention Token jumps 93% in a week, breaks $0.20 as open interest hits record

  • —BAT trades near $0.19, up 8.5% daily and 93% weekly
  • —Open interest climbed 25% to a record $59 million
  • —Derivatives volume surged 340% to $632 million
  • —RSI hit 85, signaling overbought conditions; spot netflows at $1.5 million
Why it matters: Rising open interest and exchange inflows raise pullback risk, but holding above $0.20 could open the path toward $0.28.
Source: Cryptonews.net