The contract trading volume of DOGS on Binance in the past 24 hours was $580 million, while the spot trading volume was $110 million. The liquidity of the contract is more than 5 times that of the spot, which is enough to show how good the contract liquidity of the copycat is. DOGS was launched on August 26, and the highest price reached 0.0018. It fluctuated downward for the next two days. It rose 35% in two hours from 4 to 5 pm on the 28th. It then remained at the high point for less than five hours from 6 to 11 pm and began to plummet at 12 o'clock. The current low has fallen 32% from the high point. What happened on the 28th? You can see it at a glance by looking at the funding rate and open interest of coinglass.

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