$KNC belongs to the lower market cap coins in the defi sector, which are more suitable for manipulation by whales.
At this moment, it suddenly surged with a large bullish candle, 135%. For this type of coin that has been eliminated by the market,
if you chase it now, then you are a qualified retail investor chasing highs and selling lows.
Why do I say this? You can refer to yesterday's $RESOLV
which skyrocketed by 88%, and today it is at the top of the decline chart.
Often, when the overall market environment is poor, manipulators tend to create disturbances.
