You can buy at the bottom, but don't buy recklessly!

Recently, the altcoin scene has been quite lively, with several obscure coins suddenly rising in response to trends, especially those that had previously plummeted to 'floor prices'. Now, they are starting to rebound alongside the leading coins. However, it's important to note that the actual leading coins haven't increased much; instead, the metaverse concept coins promoted by Binance are on the rise—most of these coins were issued during Binance's promotional activities and had previously dropped over 90%. Now, they are suddenly experiencing a resurgence. But upon closer inspection, it becomes clear that the actual buying volume for these coins is quite low, resembling more of a manipulation by a few individuals rather than a broad-based investment by the masses. Has Binance's influence shifted from launching new coins to trading old ones?

My advice is to be cautious about chasing after the metaverse coins that have already increased in value. The overall market activity is currently subdued, and this localized surge could dissipate within a few days. If you're looking to profit from short-term fluctuations, it's best to wait for a clear collective upward signal before making a move. Observe whether other sectors, such as AI coins, Meme coins, or DeFi coins will follow suit. I particularly want to mention Meme coins: although they carry high risks, the rules for these coins are simple and transparent, allowing anyone to participate, which makes the market fairer. Some investment institutions are being pushed into a corner, which may be related to the increasing popularity of Meme coins.