27,302,238,629 over ten million in trading volume, 8 to 9 million are estimated to be the project party's hand-to-hand transactions, and the rest are the new investors who are unaware of the project, deserving to be taken advantage of.
When ETH2500 was at $LAYER , your price was 1 dollar, now its price is 2550, your price is 0.69, so if you want to invest, you should choose mainstream coins.
Shorting $RESOLV is fine, Binance's reputation is already tarnished, and not a single new coin that comes up doesn't drop continuously for a couple of months.
$LAYER feels like a scam, so no one is willing to increase their positions. Without increasing positions, at most you just lose what you've bought. Knowing it's a scam and still increasing positions means you are a fool. So I would rather buy ETH. No matter what, even if it drops a lot, it will eventually come back, and the cycle won't be too long.