COS coin is absolutely red hot on the charts today, up over 25%, and shockingly, trading volume has surged by a staggering 1,000% in the last 24 hours. 🤯
But let’s be real: this trading volume is actually over twice the entire market cap of COS. Wow. This kind of volatility could be a recipe for disaster. Remember when COS rose over 60% in a single day on April 26, and then lost nearly all of those gains the next day? What a roller coaster ride. 🎢
In addition, whales (big investors) seem to be accumulating COS like crazy. Their holdings have increased from 5.58 billion at the beginning of the year to over 6.6 billion now — a worrying concentration.
So, what does this mean? 👀🤷
This could be a sign of real excitement about the COS project. But it could also be pure speculation, and a big pullback could be in the future.
Before you invest, please pay attention to the following advice: 😤👇
🟠 Do your own research! Don't be fooled by the superficial enthusiasm, see if COS has solid fundamentals.
🟠 Don't invest money you can't afford to lose! The cryptocurrency market is very crazy and the situation may deteriorate rapidly.
🟠 Be cautious in trading! This may not be the time to make big bets.
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