30 SOL Challenge to 300 SOL - Summary of Insights: Currently, only 6 SOL left Right now, many secondary market players have no place to allocate their funds and are wandering around. Their buying behavior has a characteristic: compared to on-chain transactions, the amounts are relatively large, and they make single, lump-sum purchases. As a result, they often drive up the token price. Retail investors, who don't check wallet addresses, assume it's a whale entering the market, and their emotions rise, leading them to follow suit. The price goes up—does this mean a whale has arrived? Has the whale really entered? I've observed this several times. Once with $RFC and another time with $DARK. It's clear that the whales are still in the accumulation phase because the second and third largest holders of $DARK own too much and haven't split their holdings across multiple addresses. Moreover, the third-largest holder has been actively trading in and out. Therefore, the whales can't pump the price quickly at this stage. Every time the price hits 40M, it's actually group members pushing it up. These members invest tens to hundreds of thousands of dollars at the same time, causing other groups to shout about new highs and breakouts. In reality, it's just group members driving the price up, and it doesn't take long before the price is suppressed again. So, when participating in projects now, the key is to follow the whales, especially for projects with some scale and narrative, rather than purely speculative ones. However, whales are very clever these days. The actions they want you to notice are often not their true intentions. Should you participate in openly coordinated pump-and-dump schemes? For heavily coordinated pump-and-dump schemes, should you join? As I mentioned yesterday, you should. No matter what, try a small position early on to test the waters. Enter with a comfortable position size, one you can afford to lose entirely. However, be cautious about chasing high prices. If the entire network is talking about it and it's already taking off, you might want to wait. Refer to my previous strategy: I don't buy during full-network FOMO. If you miss it, there will always be another opportunity. Is listing on Moonshot the peak? From recent observations, most tokens see a price increase after listing on Moonshot. However, in many cases, this marks the peak. Even if it isn't the absolute peak, it's often a local high. After listing, prices tend to rise first and then fall. Whether they can recover later depends on the narrative, market sentiment, and the whales' actions. All these theoretical insights are subject to changes in market sentiment, environment, and capital flow. You need to develop your own trading system, continuously observe, and update your strategies. In summary, it's all a gamble.