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Recently, the community has been discussing some manipulation tactics by project teams. The phenomenon is quite common: certain KOLs and project teams cooperate, releasing tweets only after the coin price has been driven up to attract fans to enter the market, then immediately selling off. Retail investors follow suit and buy in, only to get trapped. The decline starts at 50%, and in severe cases, it can even halve by more than 80%. Then you watch these trapped investors repeatedly buy the dip, gambling on rebounds time and time again.
This phenomenon indeed repeats itself in the market. But there are exceptions, such as some KOLs who genuinely stand with the community and hold project tokens themselves. Although such practitioners are few, they remind us to learn how to distinguish. Before investing, think more about the true value of the project rather than blindly following the recommendations of big influencers.