The cryptocurrency market is in the crosshairs once again, an explosive price move in SkyAI has raised alarms on potential transparency issues, coordinated wallet activity and possible centralized exchange involvement. What started as a suspect breakout rally has rapidly developed into a deeper investigation led by blockchain analysts, who have identified trading patterns that imply the price action may not be fully natural. With the token’s fully diluted valuation (FDV) nearly hitting $800 million, questions are mounting over what really lies behind the price rally, and what risk for retail investors is being bolted into their investments? Parabolic Price Explosion
The post SkyAI’s Explosive 20x Surge Raises Red Flags As On-Chain Data Points To Possible Market Manipulation appeared first on The Merkle News.