Fan Token ATM: Prosperity Driven by Leverage
Atletico Token ATM surged 50% in one day! Don't get too excited; this may not be based on fundamentals.
Although the ATM token has an astonishing rise, data shows its futures trading volume has skyrocketed by 232%. In other words, this has been pushed up by contract players, not because Atletico won a match.
This kind of "low liquidity, high leverage" token is extremely risky; once the volume shrinks, the correction can be very swift.
Have you played with fan tokens? Would you dare to chase such a rise driven by emotions and contracts?
BTCUSDT
Perp
65,515.2
-2.58%
ATM
1.095
-5.60%