GIGGLE seems to be controlled by the dealer

Most of the early smart money has exited, and the remaining part will basically not significantly increase their positions.

From the bottom 47 to 274, it took less than two days.

After $GIGGLE officially announced the deflationary mechanism, Binance's dual saints retweeted their support, and the market quickly rose from 47 to around 130. Even so, many early holders sold off their long-held chips as soon as they saw the rise; after all, having gone through three rounds of wash trading, they are unwilling to let their profits gradually diminish.

After the smart money exited, the market became lighter, and after stabilizing in the price range of 70-80, it began to rise sharply, so much so that it made people hesitant to enter the market; even after watching the whole day, they couldn't understand the logic behind it.