Having played with coins for a long time, recently this wave of imitation coin schemes can be seen through at a glance. Recently, these imitation coins have collectively taken off, with various small coins repeatedly doubling in value and flooding the screens. Watching everyone make profits, but after a few days, the market suddenly turns around, dropping rapidly across the board. Those who entered at high points get trapped directly, and the typical pump-and-dump scheme repeats itself.

The principle is actually very simple: when the mainstream market has no recent momentum, it drags on, wasting time, and no profits are made. Hot money and big players then turn their attention to imitation coins. These coins have small market caps, with all chips held by the manipulators, making it easy to control the market. A small amount of capital can easily push the price to double, creating a false illusion of widespread wealth. Community hype spreads wildly, with various tactics leading the trend. Ordinary people see others doubling their money and can't help but follow the trend, falling right into the manipulators’ trap.

Manipulators hide at low levels, accumulating chips, and use hot topics to repeatedly pump and hype the market. When retail investors pile in to buy, they start gradually selling off, first slowly smashing the price to shake out weak hands, then suddenly increasing volume to dump, swallowing all the previous gains in just a few days, completing a perfect harvest. Several popular coins recently follow this pattern. RAVE is a typical example—after a violent surge, it crashes. Follow-up coins like LAB and UB are also templates: after rising, they oscillate at high levels, ready to drop back.

Let me be straightforward about the operation strategy: current imitation coins can only be played with low-level positions, absolutely not chasing highs. Coins that have already doubled and completed their run-up should not be impulsively bought for a bottom-fishing. The decline has just begun; entering now will only deepen the trap. For coins still oscillating at low levels without significant surges, small positions can be laid out, following the short-term trend, taking profits when appropriate, and not being greedy.

For those holding high-level imitation coins, take partial profits on rebounds and exit. Don’t expect another doubling rally. Once the manipulators have sold out, the market simply won’t rise again. Also, pay attention to the rhythm: weekend trading has poor liquidity, and imitation coins are most prone to sudden dips and crashes, with risks much higher than usual. Always remember, imitation coins are purely a game of capital. The crazier the rise, the more brutal the fall. Avoid heavy positions, avoid holding through dips, and don’t chase highs—only then can you avoid every round of harvesting and steadily secure your own profits.