Tag This coin has been rising steadily, having already broken through $0.0008, and everyone is guessing when it will experience a spike in price.
In the past two days, many perpetual contract coins have been making moves, with Myx being the first to emerge. However, I've noticed a pattern: the effect of mindless pump-and-dump isn't as strong as it used to be. It’s nearly impossible for a myth like Trb to happen again. Today's players have learned their lesson; if a coin rises too absurdly, they just bail out because the direction of long and short positions is entirely uncertain. This leads to the fact that no matter how much you pump, it won't last long.
Myx has lasted the longest, which is just three days; Play fizzled out in a day; Memefi made a 26x profit in two days of shorting, and although it wasn't a large position, it's still a decent profit; A2z lasted only half a day. The time span is getting shorter, so when encountering those suddenly surging altcoins, looking for shorting opportunities based on their cycles is also a pretty good choice.
