CryptoPunster
It seems that the $FOLKS Alpha event is basically coming to an end. The enthusiasm for earning points has clearly cooled down, and the daily Airdrop quota is shrinking—this transition from being hot to quiet is quite normal in the crypto market.
The problem arises: Although the celebration of Alpha has ended, the subsequent risks have just begun to unfold. Those whales are now targeting low market cap assets that are simultaneously involved in contract trading, pulling them up to consume the retail fees, and then causing friction back and forth to create volatility. Bulls are getting crushed,
The problem arises: Although the celebration of Alpha has ended, the subsequent risks have just begun to unfold. Those whales are now targeting low market cap assets that are simultaneously involved in contract trading, pulling them up to consume the retail fees, and then causing friction back and forth to create volatility. Bulls are getting crushed,
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