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Why can some coins rise four times while others become dumb buyers?
Recently observed an interesting phenomenon - a certain new project's rise is much more fierce than the coins in the clanker ecosystem. Over there in clanker, they are basically all standing guard at high positions.
I pondered for a while, and it might be a timing issue. The clanker ecosystem has long been targeted by various sniper bots, and as soon as a new coin is launched, most of the chips are snatched away by algorithmic trading. On the other hand, that project which just gained initial popularity has a relatively healthy chip distribution, allowing retail investors to acquire a larger share, which naturally leads to a rise.
The recent fourfold rise is ultimately determined by the chip structure. The places where robots gather are really not suitable for ordinary players.