A day saw a 73% spike. The trend of $G looks fierce, but the real “backing card” behind this surge is actually very flimsy.
When the price was pushed to $0.008, the total 24-hour trading volume across the entire network was only $68 million. With just a few tens of millions, it can easily pry open more than 70% of the increase. This kind of move is not solid at all—it instead reveals extremely strong signs of price control.
A rapid surge where volume and price are badly out of sync is usually not the market’s shared consensus; it’s more like a staged numbers game directed and performed by the big players. Without enough real support from turnover, forcibly lifting the price looks more like creating space for later distribution.
Without volume to provide a底 (bottom support), the higher it climbs, the deeper the cliff it will fall from. At this point, rushing in out of greed is exactly how you end up being the bag-holder who takes the distributed shares.
#G
When the price was pushed to $0.008, the total 24-hour trading volume across the entire network was only $68 million. With just a few tens of millions, it can easily pry open more than 70% of the increase. This kind of move is not solid at all—it instead reveals extremely strong signs of price control.
A rapid surge where volume and price are badly out of sync is usually not the market’s shared consensus; it’s more like a staged numbers game directed and performed by the big players. Without enough real support from turnover, forcibly lifting the price looks more like creating space for later distribution.
Without volume to provide a底 (bottom support), the higher it climbs, the deeper the cliff it will fall from. At this point, rushing in out of greed is exactly how you end up being the bag-holder who takes the distributed shares.
#G