SOON Rallies 40% Following Cryptic Social Media Post by Changpeng Zhao
The AI-linked token $SOON has surged over 40% in the past 24 hours, accompanied by a 130% increase in trading volume. Market participants appear to have been influenced by a September 29 post from former Binance CEO Changpeng Zhao, who tweeted "Soon..." alongside an image of himself. On-chain data indicates strong bullish sentiment, with open interest in perpetual contracts reaching $92.28 million and a positive funding rate of 0.0091%. Both spot and perpetual markets are currently seeing significant capital inflows.
Summaries are written by AI from the original article. Not investment advice.