Freak coins are very common in a bear market. A few days ago, there was a siren playing with this kind of coin, losing nine out of ten bets. The market makers have a thousand ways to make you die. These coins are not played by anyone in the early stages; all the chips are in the hands of the market makers. Knowing the specific distribution of chips, they control the price. Doubling it 100 times or 1,000 times is just a matter of switching hands. No matter if you're bullish or bearish, the market maker can crush you. Just the funding rate alone can grind you down. After manipulating the coin price, the market maker can wipe out all gains in just one day.

$RAVE Unless there are chips at the bottom, don’t touch it, and don’t try to short it. Most people want to short these coins after a sharp rise because they know it will eventually crash, but you don’t know when. If you short in, the market maker will push it several times higher again, with no end in sight. You might want to buy spot to gamble, but you don’t know when the market maker will bring it back to zero in one wave.
The only two ways to make money on this kind of freak coin are: margin leverage to the max, or extremely good luck. But don’t get cocky just because you won a gamble once due to luck. That only shows you got lucky, not that you’re really that skilled.