AKE / $0.034197 +5.79% - The number that makes you go blind
$AKE AKEDO $0.034197 +5.79% rises 2,220%? Do you look at the percentage increase—or the tombstone? ⚰️
Project dossier: AKEDO, a new Perp listing—nothing much, but the data sure knows how to dress itself up.
Data: current price $0.034197, 24h high $0.034716 low $0.031159, volume 960.14M AKE / 31.30M USDT. Today Hoy +2.13%, 7 days +4.00%, 30 days +148.20%—not bad. 90 days +11,261.13%, 180 days +13,470.24%, 1 year +2,220.96%—see that? One year is 2220%, half-year is 13,470%. You think you hit the jackpot? Before the 29th on the chart you were trading sideways around $0.028; on the 30th, a needle with a 500M volume spike stabbed up to $0.040, then got smashed back to $0.031. On Oct 2–3 it crawled up at $0.032 again. That 7.18M volume candle is the little hand that lures the longs.
Toxic take: AKE, so what if it’s up 2200%? If you buy in, you’re basically buying the drop from 2220% to 0%. The 47% bulls are still counting zeros.
#AKE