$ai16z suddenly surged today, most likely due to these reasons:

The whales are making moves

The circulation of such small cryptocurrencies is usually very small, and the main players can pump it up by 50%-100% with just a few hundred thousand. If you see the trading volume suddenly spike and then quickly drop, it's basically them harvesting the retail investors.

Riding the hype

It could be coinciding with a general surge in the AI sector, or perhaps AI16z venture capital released an AI project report today, which is then used as an excuse for speculation.

Exchange manipulation

Some smaller exchanges will set up their own operations, first pumping the price to attract retail investors, and once the retail investors are in, they dump the price.

Key reminders:

Don't chase the price during such surges; it's easy to get trapped.

Check the on-chain data; if large wallet addresses are offloading, it's dangerous.

Small cryptocurrencies can be halved in a day; if you're playing this, keep a close watch on the market.

It's advisable to first clarify whether there are any substantial positive developments; if it's purely speculation, just enjoy the show and don’t get involved.

I won't lead fans into a massive loss, nor will I blindly open positions.

It's all about steady wins, taking it step by step, so hurry up and keep up!

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