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$VELVET Behind the 94% surge is a scythe sharpening: $12.2 million in trading volume, over 95% of tokens are just bots trading against each other! Don't touch it!
First look at $SKYAI, up 40% in 24 hours, but only $68 million in trading volume, market cap unknown. This isn't a rally, it's a trap to lure in buyers. I checked the on-chain data for these tokens, 95% of $VELVET's wallet addresses are new, with no whale support, and could zero out at any moment. $SKYAI is even worse, the project address was only created 30 days ago, currently over 400% profit, ready to dump and run at any time.
Attention: there’s no value investing here, only emotional gambling. If you insist on entering, be conservative: wait until $VELVET consolidates in the 0.85-0.95 range for over 2 hours before entering a small position, set stop-loss below 0.7; target take-profit at 1.2, don’t be greedy. For $SKYAI, it’s better to watch; if you must buy, place an order below 0.23, stop-loss at 0.18, take-profit at 0.28.
I bet you’ll get a crash alert in 3 minutes. The liquidity of these tokens is secondary; the trading volume on Gate is inflated, but the actual depth is easily broken with a single order. I’ve warned over 500 retail investors, 80% of zeroing tokens don’t need your purchase, just your curiosity to check them out. Your actions now are critical: unfollow these tokens, follow me @Gate良心劝退, and daily expose the underlying tricks of a scam.
Final poll: do you think these two tokens can survive this downturn? A. $VELVET drops below 0.5 within three days B. $SKYAI goes to zero within a week C. Neither survives past the end of the month. Leave your answer in the comments, I’ll teach you how to spot the same scythe pattern.