Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#BinanceABCs $PIPPIN this coin's recent performance has been quite strange—continuously hitting new highs, but there's no obvious selling pressure. What's the underlying logic behind this?
One possibility worth considering is that large funds are quietly accumulating at low levels, then controlling the rhythm through their holdings. Retail investors see the market continuously rising and follow the trend to enter, which in turn gives the manipulators a chance to breathe. The most obvious characteristic of this manipulation is that the price remains particularly "sturdy"—during the rally, capital input doesn't need to be excessive, but once the trend reverses, the decline can be quite fierce, and the entire process may be completed in an instant.
From an on-chain data perspective, there are currently no signs of large-scale capital fleeing, which suggests there may still be new highs ahead. If you want to participate, buying on dips is a relatively safe approach. But remember, altcoins are inherently volatile, and stop-loss and take-profit levels must be tightly controlled—any slack could lead to being caught.
Recently, some highly volatile coins to watch include: FHE, RAVE, BEAT, ARC, ZEC. These types of assets might offer opportunities in the short term, but the risks are also significant.