Nearly tripled in one night! RAVE ignites the market, can retail investors still chase it?

Attention, a new coin has just launched and is skyrocketing! RAVE soared over 280% immediately after its issuance, pushing the price to around $0.62, with a market cap reaching $143 million; this wave of enthusiasm is really quite intense.

Such situations are not uncommon in the cryptocurrency space, as new coins often surge sharply due to low circulation and high interest. For the market, such spikes often attract more funds to focus on new projects and ecosystems, especially those related to DAO and Web3 concepts, which can drive market sentiment.

So how should retail investors respond?

My view is: Don't blindly chase highs, and don't easily exit.

If you are already in, consider taking profits in batches and leaving some to see how things develop; if you haven't entered yet, be sure not to jump in right after a surge, as you may get trapped. I recommend paying more attention to the project's subsequent ecological progress and liquidity, and wait for the heat to stabilize before looking for opportunities.

Remember, surges are often accompanied by severe volatility, so don't let FOMO emotions drive you. Hold onto what you believe in, and maintaining a stable mindset is the key to long-term success.

Although you have a general direction from Shengyi's article, for specific operational advice, reach out to Shengyi, who can tell you the most stable points, and notify you immediately about market changes, letting you consistently profit!

#RAVEN $RAVE