SOL Ecology: LAYER has once again climbed the list of gains after being slashed by 80%. Will it harvest retail investors again?
This volatile coin, Layer, had little positive news during its previous rise, with most of the chips concentrated in the hands of the project party, making it a high-intensity controlled currency [Bubble Market Value].
The manipulation methods also began with a stepwise increase to attract retail investors, followed by the project team unloading, resulting in a waterfall decline that harvests retail investors.
This brief surge was also driven by the strengthening of SOL, but we still do not consider building a spot position recently.
Similar controlled coins to reference: AUCTION, SYRUP
