💥Why has the old brand risen frequently on the gain list recently?
$QI : This coin is an old brand altcoin with low market value in [liquidity staking]. It's a strong control coin with little trading volume, and the chips are highly concentrated, mostly in the hands of the project party. Very few people play with this coin. Why does it appear on the gain list in such a bad market environment? It's to attract retail investors to buy in, and the dog trader uses this opportunity to drive up prices and sell off.
Yao Ge has suffered losses with this coin before. Dog traders love to drive up prices and sell off in bad market environments. Over the past three years, on-chain funds have been continuously flowing out. Therefore, Yao Ge does not recommend holding such coins. You can pay attention to: $AVAX $ENA
