LAYER’s Funding Rate Adjusted to -2% on Binance, Price at $1.1108 Amidst $228 Million Market Cap

According to recent reports from COINOTAG News, as of February 12, LAYER’s funding rate on the Binance exchange has been recalibrated to -2%, with settlements taking place every two hours. Currently, LAYER is trading at $1.1108, reflecting ongoing adjustments in the dynamic cryptocurrency environment. This decline in the funding rate could indicate shifts in market sentiment among investors as they reassess their strategies amidst a volatile trading landscape. Additionally, LAYER’s market capitalization is temporarily recorded at $228 million, positioning it within a competitive sector of the cryptocurrency market. As fluctuations continue, traders and investors are urged to stay informed about market metrics and funding conditions to make informed decisions.

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