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Currently, in this wave of copycat market behavior, don't get caught up; essentially, it's just whales harvesting.
$RAVE from 0.25 to 19 in a month, nearly an eightyfold increase, pushing the market cap into the top fifty. But the data is right there—three addresses control ninety percent of the chips. This isn't value discovery; it's market manipulation.
$Neiro , $Bio , $Ordi these familiar inscriptions followed the rise, the sentiment is indeed hot, but the gameplay is completely different from 2021.
The routine from siren to RAVE can be broken down into a few steps:
First, lock the chips with spot holdings, secretly accumulate long positions at the bottom of the futures, reach a position size a hundred times that of the spot, then violently push the price to force short sellers to liquidate, charge high fees, and clear out with a wave of liquidations, finally sell at high levels and call it a day.
This isn't a bull market; it's liquidity concentration harvesting.
It's lively, but don't let yourself get caught in it.