I’ve been getting multiple requests to check out $RARE. The price has surged over 350% in just a few days. Such dramatic moves often occur when the rest of the market is stagnant. It’s common for a dormant coin to start spiking randomly under these conditions.
Traders tend to chase the next big gain, selling off their stagnant assets to buy into the rising ones, which further accelerates the price increase. Additionally, futures traders contribute to the volatility with their high-leverage positions and the subsequent liquidations, amplifying the price movement.