Brothers who are still brushing Alpha must pay attention to AB
I specifically checked yesterday, and the top 100 wallet addresses for this coin hold almost all of the coins (99.6%), which means this coin is completely controlled by a few individuals. Whoever wants to dump it can easily bring the price down in no time.
Last night, I personally witnessed the price drop from $0.0155 to $0.0115 in an instant; the dump was very fast, and an hour later it was pulled back up. This kind of trend is clearly manipulated by large holders: they let it drop to show you, wait for you to panic sell, and then buy it back at a lower price.
AB's total market capitalization is almost $1 billion now, and that drop last night directly evaporated $200 to $300 million in market value.
Recently, AB has spent quite a bit of money hiring a bunch of KOLs to promote it everywhere, saying things like "the Serbian president endorses it," which sounds ridiculous, clearly trying to bring people in to take the last hit.