Originally, after 10.11, retail investors were basically wiped out. Speaking of these altcoins, their price movements have almost nothing to do with retail investors—they're all losing money. For every 100 losses, there's maybe 1 gain. The token concentration is over 99%, which ultimately boils down to a lack of liquidity. It's all just artificial price pumping on-chain. Plus, Binance only lists contracts and not spot trading for these coins. Those that do get listed for spot trading generally don't dare to act so recklessly. No wonder recently we've seen a lot of people buying shells on Binance and other exchanges. After buying the shell, they coordinate pumps and use contract fees to harvest retail investors. For the top 10 coins, the token concentration is at 99.29%. So basically, the price skyrocketing is entirely under their control. It's all about spiking up and down to squeeze the already limited retail investors. The volatility is huge, with constant ups and downs, but the focus is on harvesting through contracts rather than spot trading, which is different from before. After all, there's no need to offload tokens anymore—buying a shell means you can keep using it indefinitely. Currently, $RAVE has surpassed all previous altcoins, reaching the number one spot for altcoins without a spot trading version. It's also the first time a token has reached 99.49% concentration, making it the ultimate whale-controlled coin.