A low market cap coin on Binance, with some anomalies.
1. Signals of a Shitcoin Market
TROY was previously a crypto economic intermediary, and now the official Twitter says it's transforming into a meme coin. They seem a bit slow to react, but perhaps they want to ride the wave of the current shitcoin market. (ETH Aunt has finally straightened her back; not long ago, she was downplaying ETH.)
2. Risks and Opportunities:
This coin has previously been suspected of pump-and-dump behavior, with each price increase followed by a drop. However, pay attention to the bottom Binance trading data; this time the volume is very high, and it has broken through all moving averages, while previous price increases were still below major moving averages.
3. Why mention this coin, $TROY
This is a coin on Binance, with a low market cap of 40 million, and fully diluted circulation is only 50 million. There is a certain degree of odds. Plus, looking at the moving averages, the main force may have collected a certain amount of chips. Pumping a several tens of millions market cap, especially when highly controlled, might have a cost much lower than retail investors realize.