$KITE These tokens, once launched, have high market capitalization. The launch mostly serves to boost the price temporarily, and then investment institutions start to sell off and cash out... Otherwise, why would others invest millions or tens of millions in the early stages? They all cash out immediately after launch to gain high returns, then move on to the next project. Therefore, most projects launched now tend to open high and go low... Investors selling at the current price are still enjoying high returns. So don't expect them to push the coin price higher to make the retail investors rich; retail investors are just the ones holding the bag.
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$KITE These tokens, once launched, have high market capitalization. The launch mostly serves to boost the price temporarily, and then investment institutions start to sell off and cash out... Otherwise, why would others invest millions or tens of millions in the early stages? They all cash out immediately after launch to gain high returns, then move on to the next project. Therefore, most projects launched now tend to open high and go low... Investors selling at the current price are still enjoying high returns. So don't expect them to push the coin price higher to make the retail investors rich; retail investors are just the ones holding the bag.