$牛来 $龙虾 $4 During a coin’s lifecycle, when it first launches is when it’s at its most explosive. Last year’s Haqimi customer and Fu Xiaohe are examples—because at this time, the chips are all in the hands of the dog-house dealer. At this point, they only use narrative and momentum-building to instill the idea in retail investors that “this is a high-quality coin,” commonly known as “brainwashing.” They create a “high point,” and later when it pulls back it crashes and is cut in half, so you can see how good the value is when you buy the dip—that’s when they unload.