Infinex ($INX) rose 17.6% within 24 hours. It looks strong on the surface, but there are hidden concerns—in fact, as one of Kaito’s Pre-TGE projects, it has crashed 76% after the TGE, seriously damaging market confidence. Open interest has also increased by 11.2%, indicating that the tug-of-war between bulls and bears is intensifying, and chasing highs in the short term carries significant risk. The current price is $0.00782, with a market cap of $15.6M; the market cap is relatively small and volatility is extreme. For coins that have experienced a TGE dump, every subsequent rally feels more like “repair” than a true reversal—blindly chasing longs could easily mean catching a falling knife. Short-term opportunities and traps coexist, so don’t be fooled by the apparent gains. #Infinex# crypto market# altcoins