Insider trading confirmed a rebound of 20%! Why did the 'bad news' in the cryptocurrency world become a FOMO catalyst?
When Binance announced the confirmation of 'insider trading by related personnel', the market did not vote with its feet, instead interpreting the $1 million fine and account freezes as 'official endorsement'—$HGYN's 24-hour trading volume skyrocketed to $820 million, with RSI reaching an overbought level of 85, retail investors rushed in shouting 'let's go at $0.001'.
This absurd scene exposes the core paradox of the crypto market: in the game of 'narrative > value', bad news will become speculative fuel as long as it reinforces the expectation that 'the project has hype and insider information to leverage'.
As CryptoWhale analysts have stated, from Trump Coin to Huangguonian Coin, the essence of meme coins has never changed: a few people profit from information asymmetry, while the majority chase emotions to take over, and 'insider trading confirmed' is just the latest hype in this zero-sum game.