The $HEI /USDT chart on Binance shows that HEI has experienced extreme volatility shortly after launch. Here's what's happening and what you can consider doing:
What’s Happening?
Massive Price Surge – The coin initially dropped to $0.7430 but then skyrocketed to $1.49 before settling around $1.09.
High Trading Volume – 24-hour volume is over $49M HEI and $57M USDT, meaning strong market activity.High Amplitude (21.09%) –
Large price swings indicate speculative trading.Early Trading Manipulation –
Early launches often experience pump-and-dump behavior, where initial buyers drive up the price before selling off.
Circulating Supply Increase – The supply will rise from 66M to 100M in 20 months, which could lead to price dilution.
What to Do?
🔹 If You Bought Early: Consider taking some profits, as early surges often lead to sharp corrections.
🔹 If You Haven’t Bought Yet: Be cautious. The price is highly volatile, and it might drop significantly after the initial hype.
🔹 If You Want to Buy: Wait for stabilization and a clear support level instead of chasing the pump.
Final Thought:
It's common for new launches to experience wild price swings. If you're in, manage your risk carefully. If you're out, it might be safer to observe before making a decision. 🚀📉