Regarding the trading activity on $rave, I'd also like to share my personal opinion. Aren't there plenty of crypto manipulated by large investors? $TRB $MYX While it's good for market manipulators to pump up prices and increase liquidity, there needs to be a limit. This time, the manipulation went too far. The manipulator controlled 99% of the spot contracts, endlessly pumping up the price and fleecing both new and old investors. If this continues, will there be any new investors left in the crypto? Furthermore, the CEOs of BG and BN have both stated that this is a serious manipulation tactic and they are investigating. I don't understand why so many people are trying to whitewash the perpetrators of this tragedy.

Long story in short: If this continues, not only will new retail investors keep entering the market, but new models based on contract counterparty logic will also emerge, such as ORDI's ground promotion. Similar to the numerous new models that followed Pump Fun, even the Solana narrative of Internet Capital Markets is based on this model. The market's appeal always lies in whether there are willing institutional investors, not retail investors. Retail investors only care about profit opportunities, not reputation. Retail investors are actually more ruthless than institutional investors. If those willing to manipulate the market disappear, the market will truly die.