In the past month, 6 out of the top 300 cryptocurrencies have risen over 100%, with the most significant being ZORA (up 746%), followed by REKT, CFX, PENGU, ENA, and IP. Can you still get in now? Let's analyze it simply.

1. Common characteristics of explosive coins

Why did these coins suddenly skyrocket? Generally, there are a few reasons:
Hype around hotspots (like NFT, Layer2, Meme coins)
Major project upgrades/collaborations (like new features launched, listings on exchanges)
Market manipulation by big players (low circulating market value, easy to manipulate)
Market sentiment warming up (when BTC is sideways, capital moves to speculate on small coins)

The logic behind the explosive rise of these 6 coins:

ZORA (+746%): The NFT trading platform Zora Network has been active recently, and the market expects a recovery in the NFT sector.

CFX (+183%): The domestic public chain Conflux has recent collaborations and ecological development, attracting capital attention.

PENGU (+134%): The Pudgy Penguins NFT series has gained popularity, driving the token.

ENA (+125%): The stablecoin protocol USDe from Ethena Labs is gaining attention, indicating high interest in stable sectors.

IP (+102%): Story Protocol (a decentralized IP platform) has new financing, attracting speculation.

2. Can it still be bought now? Where are the risks?

ZORA (746% increase): There may be a short-term correction, and it's uncertain whether the NFT sector's popularity can be sustained.

CFX (domestic public chain): Long-term development depends on the ecological growth, while short-term may see profit-taking sell-offs.

PENGU (related to NFT): If the NFT market cools down, it may drop rapidly.

ENA (stablecoin protocol): The competition in the stable sector is intense, and we need to observe whether USDe remains stable.

IP (decentralized IP): New project, long-term value yet to be validated, high short-term speculation.

These coins have already risen a lot and may face a major correction at any time.

Small-cap coins have poor liquidity, and once big capital exits, prices collapse instantly.

3. How to play if you want to speculate?

(High risk, suitable only for small amounts, be prepared for total loss!)
Wait for a pullback to enter: For example, if ZORA drops 30%-50%, consider a light position to bet on a rebound.
Set stop-losses: For instance, if it drops 20% after purchase, cut losses and don't hold on stubbornly.
Quick in and out: Don't hold long, take profits quickly, and don't be greedy.

A safer strategy:

Focus on potential small coins that haven't skyrocketed yet (like low-position coins in the same sector).

Wait for BTC to stabilize, look for new hotspots to ambush, don't buy coins that have already skyrocketed.

4. Summary

Explosive coins = high volatility + high risk
Don't chase highs! Wait for a pullback or look for new opportunities.
If you really want to play, use money you can afford to lose, and go in and out quickly.