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$BEAT this coin, today you either watch it soar or see it plunge without being able to do anything.
The root cause is very simple—some trading platforms support leverage trading of up to 2000x. Just listen to this number, 2000x. This means a large amount of speculative capital has flooded into the market, with retail and institutional investors all using leverage to bet on the direction. Once the direction is wrong, the chain reaction of forced liquidation immediately triggers a sharp drop in price.
Currently, $BEAT's volatility has soared to 337%. This creates opportunities for short-term traders but also lays a huge risk minefield. High leverage + extreme volatility = a perfect recipe for liquidation. Those who want to play should think carefully—are you gambling or investing?