#Altcoins👀🚀 $NOT
What to do with coins like $NOT that surge so dramatically?
Many are tempted to join the frenzy, but with a market cap of $2 billion, it's essentially a speculative bubble, driven solely by market manipulators shifting money around to lure in buyers.
Shorting it carries significant risks too. The manipulators might crash the price occasionally to bait short sellers before driving it up again. Their strategy is simple: close contracts and keep pushing the spot price until it's unreasonably high or there are no more sellers.
At $2 billion, it's already overvalued. My advice: don't chase it; it's likely at a historically high level. This round of speculation could make the manipulators financially free.
When's the right time to short it? Patience is key; wait for a trend reversal and clear bearish signals.
