RE this trend—one word: crazy.

Launched just five days ago: it went from 0.4 to 0.95, doubled with a twist. But when you look back, within 24 hours it got smashed again from 0.95 all the way back to 0.42, a 69% swing—bull and bear both got wrecked. Is the “dog whale” not tired of this already?
The coin’s fundamentals are actually pretty decent. Re Protocol is an on-chain reinsurance protocol, linking stablecoin capital with the trillion-scale traditional insurance market—not an air coin. But in the first 48 hours after launch, the up-and-down price action was purely speculation.
Key levels: resistance overhead at 0.85–0.92; support below at 0.65–0.72. Right now it’s stuck in the middle—getting in is just a bet. Wait for a pullback to around 0.65 to hold before considering, or wait for a volume breakout above 0.85 to chase; everything in between is a pit.
Someone asked: Why do non-mainstream coins keep staying hot? Just three words: quick money.
A day where “the big pie” is up 3% counts as a big move, while a day where an altcoin doubles is considered normal. Retail traders want to get rich overnight, not steady value growth. And once social media spreads it, FOMO kicks in—no matter what the fundamentals are, just rush in first. But this is no different from gambling: what you earn is from someone else’s loss, and if you run late you become the bagholder. Have fun with it, but don’t take it seriously. #我的Gate交易时刻 $RE