River has just completed a significant funding round backed by strategic support from Maelstrom Fund—an investment fund founded by veteran trader Arthur Hayes. This investment will accelerate River's core vision: to create the first truly on-chain abstract stablecoin system, enabling frictionless fund transfers across different blockchains and eliminating the cumbersome process of cross-chain locking and wrapping.

From market reactions, the performance of $RIVER has indeed been impressive. The token price has surged to a new all-time high of $20, with 24-hour trading volume surpassing $1.5 billion, showing explosive popularity. Discussions about it have been very active in the community over the past few days, with almost every discussion channel featuring related topics.

However, there is a real issue that needs to be addressed: after the good news has been announced and the price has surged, should you still chase?

To be honest, behind such high-profile tokens, there is often a highly controlled market. The strategy of the manipulators is usually to push the price up steadily, concentrate the chips in their hands, and then dump the tokens when you least expect it. For participants, there might still be a chance to catch the first wave of gains, but once the price starts rising, you should exit decisively—don't expect to ride the entire wave, as such tokens can reverse at any time.

For those who want to play with these kinds of tokens, be sure to have a risk management plan in place. High returns often come with high risks, especially during times of maximum market enthusiasm.