Look at this… 👀
$HIGH was sitting at the top gainers list and absolutely exploded +300% in a single day 🚀
That kind of move attracts attention fast… but it rarely ends well for late entries.
Now reality is kicking in ⚠️
Price has already crashed over 60%, wiping out a huge chunk of that hype-driven move.
This is how these cycles usually play out 👇
📈 Parabolic pump → 🧲 FOMO kicks in → 💥 Smart money exits → 📉 Sharp dump
And what we’re seeing right now looks like post-hype distribution, not a healthy pullback.
Comparisons with $RAVE
make sense — same type of explosive move followed by aggressive selling pressure.
👉 The key thing to understand:
After such extreme pumps, price doesn’t just “reset” instantly… it often goes through multiple waves of downside as liquidity keeps getting drained.
So the real question isn’t if volatility continues…
It’s how deep this unwind goes before real demand shows up 📊