$SCR
It can be said to be a very failed model
You said it was pre-market trading, the opening limit buy orders, basically all sell orders, many people sold at a low price and lost money
Then the price fell all the way, only the dealer can absorb the funds at a low price without limit, and take the opportunity to pull it up before closing the market to cut a wave
When the new currency officially opened, many people had already lost money once or twice, and the market can be said to be completely unheated
The opening of the closed-market buy is trapped, and then the dealer has made two waves of profit. It is impossible to pull the market to help retail investors get out of the trap if they only focus on harvesting
The vicious cycle begins, and the currency price goes down