JCT’s 22.95% surge is precisely a sign of desperation: with 80% of S&P 500 constituents in correction territory, investors have nowhere else to go and are pouring into high-risk assets. When 80% of S&P 500 stocks are in correction territory, it means so-called “core U.S. equities” have lost the protection of a broad-based rally. Meanwhile, JCT posted a single-day trading volume of $280 million, despite trading at just $0.007082; over 24 hours, it reached a high of $0.01 and a low near zero. That extreme volatility alone shows that JCT is attracting not value investors, but speculative liquidity squeezed out of mainstream markets. My view is straightforward: when institutional money can’t find a safe haven in U.S. stocks, retail speculators will treat highly volatile tokens like JCT as a last-chance casino. And the liquidity built up by $280 million in trading at a price of $0.007 could evaporate at any moment with a single red candle. JCT’s 22.95% gain isn’t the start of a rebound; it’s a knee-jerk reaction after volatility has been compressed to the extreme. The intraday high of $0.01 is a psychological anchor marking the short-term ceiling. Once the buyers chasing the price run out, a return to the $0.00x range could happen faster than the climb. What’s truly concerning is that the logic behind JCT’s surge and the S&P 500 correction are two sides of the same coin: the weaker mainstream assets get, the crazier the fringe assets become—but that kind of mania has never ended with retail traders coming out ahead. Do you agree?