This is probably the first altcoin to experience a wild price swing after Binance announced a crackdown on malicious manipulation of futures contracts, right? Many traders who bought Binance futures shells are probably waiting to see how this $Folks will perform, and to gauge the extent of the regulation. A 10x surge overnight might be excessive, but what if it rises 3x and then falls 50% in a day? No volatility gets you criticized, and high volatility gets you criticized too. Do you really think being a referee is easy? 🤣
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