$SIREN ‌Let me talk to everyone about the underlying logic of this market. Many people will discuss market capitalization with me, talk about circulation, and then ask me what COAI was like initially, or what the mythological sea monsters of modern Greek mythology are like.

Here, I want to clarify a fundamental logic: Pippin, I’ve seen on the forums, many people's first goal is to treat it as one US dollar because it hasn't surpassed one dollar yet.
Why does Siren target $20? Because it hit $4.84, crossing the one-dollar mark. At this point, the market develops an expectation: target $20, since COAI has previously risen to that level. They all share a common trait—they are妖 (monsters/spirits).
Retail investors only see the numbers; they lack the concept of market cap or circulation rate. Only some slightly more professional investors, who like to research, discuss these things.
Some friends told me that if it needs a certain amount of money to reach certain levels, it doesn't matter how much, as long as it can instantly reach that level, their expectations will be raised.
I remember clearly that COAI's high point was $7. It shot up in about a second to $11.6, then immediately dropped back to $7. Just this move alone raised market expectations. At that time, the market's target expectations started to see $20. Why? Because of this one move, just one second.
This is the underlying logic of the market.
Let me give you a more intuitive explanation of the underlying logic. Once, COAI's futures surged to $16.7, while the spot price rose to $61. Although we know $61 can't be sold off easily, retail investors believe it has risen to that level. Retail investors will believe someone has sold at that price. That’s the truth. $DOGE ‌#震荡行情交易策略