Some AltCoins have risen more than 250% in 30 days, and the rise in funding rate may indicate potential pullback risks.

Odaily Planet Daily News HBAR, XLM, XRP, ALGO, and ADA, and other altcoins have pumped significantly, with gains of over 250% in the past 30 days. The funding rate for perpetual futures contracts has risen to between 4% and 6% per month. This situation reflects an increase in leverage usage, making the current price levels susceptible to significant pullback. Although the high funding rate may indicate optimism for AltCoin and further rise potential, it also increases the risk for traders, contrasting sharply with the relatively moderate leverage observed in major Cryptocurrencies such as BTC and ETH. (Cointelegraph)