New narratives and tracks often experience a round of explosive growth, followed closely by a process of consolidation.
During this process, time and space will be fully displayed, and the market will wash out unsteady funds through repeated fluctuations.
Many people will lose confidence during this process and choose to exit because they do not understand the underlying logic, only fixating on price fluctuations.
In fact, the price increase is not due to strong manipulation by whales, but because the new coin itself possesses strong potential and community support, which attracts the involvement of whales.
If one were to casually issue a coin and control 90% of the chips, wouldn't that be easier?