$BEAT is somewhat similar to those previous妖币, belonging to the same category of gameplay.

First of all, the spot market hasn't listed on major exchanges, and the main trading is concentrated on Binance's contracts. The benefit of this approach is that the spot market has a small volume, making it easy to control; while on the contract side, the funds are substantial enough to support speculation.

In the early stages, the market value is not high, maintaining at tens of millions for quite a while, which is a phase where it's relatively easy to obtain low-priced chips, many妖币 have the same situation before their launch.

Regarding the contract fees, the trick here is: theoretically, after the contract price skyrockets, the number of short positions should increase, and the fees should decrease. However, in the early stages, fees are usually quite high. This is because the market makers can earn from both the upward price movement and a portion of the fee revenue by going long. Large funds going long make it difficult for the small retail investors shorting to bring down the fees.

From the holding situation, the chips are very concentrated. The top 10 addresses control nearly 80% of the coins, and in the past month, the holdings of the top 100 have been increasing. This level of concentration is very easy for a project that wants to control the market and drive up prices.

As for the team, operations haven't stopped. But the background is relatively ordinary, with no particularly powerful institutions or big names endorsing it.

So overall, if the chips continue to remain concentrated and the market discussion heat can continue, this coin will frequently experience sharp short-term fluctuations, possibly even a few more waves of price movement.

Of course, after the heat, a correction is also a likely event.

Recently, just keep an eye on the New Year's unlock! For similar volatile coins, trade when necessary, focus on trading volume, and strike when the time is right!