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Gold
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Recently, some coins have been surging quite rapidly, and many people think the altcoin season is coming.
Let me tell you the real situation: look at the coins on the top gainers list, there are hardly any you recognize, and some you’ve probably never even heard of.
This is actually the project teams taking advantage of the sharp decline to buy back tokens at low prices, then pumping the price to attract people to enter, and eventually selling at the high.
It's the same routine as in previous bull markets, for example, the last cycle went from 0.1 to 10, a 100x increase, then dropped to 0.01, rose again to 0.05, then fell to 0.005, and rose again to 0.025… each high point gets lower and lower. $FIL
That’s how it is.