$ONT Why is it able to top the gainers list today?
The core driving force behind this surge is the intentional increase in trading volume by the market makers.
The 24h trading volume skyrocketed by over 3000%, with more than 40% of the trading volume coming from the South Korean market.
Once the South Korean market ignites, its characteristic is: intense emotions, rapid rises, but the sustainability is unstable.
This type of fast-rising and fast-falling market has both extreme opportunities and risks. If the volume doesn't keep up later, it's easy to see a spike followed by a drop. Around 0.065, it would be advisable to short at a high position, with a good stop loss (0.068 loss).