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The recent trend of FHE is indeed speechless. It skyrocketed from 1 to 6 and then fell back to the starting point. Who can handle such a roller coaster market? The project party's operational strategy is really worth discussing.
Look at other projects with a market value of hundreds of billions; their prices can operate steadily, yet here it is like this—one moment it's a pump, the next moment it's a dump. If you ask me, rather than tossing investors around like this, it would be better to solidly implement a buyback and burn mechanism to give the market a stable expectation.
It is possible to pump the market, but it must be done gradually. Investors put money in because they are optimistic about the project, but if they are experiencing a roller coaster every day, can this be called operation? A truly capable market maker should understand how to cultivate market confidence, rather than creating such frequent and drastic fluctuations.
To be honest, it is very difficult to find reliable project parties in this market. The capable ones are missed, and the ones that are encountered are just projects with outrageous operations.