ChainOpera AI (COAI) has caught the crypto market’s attention after a staggering 96% price surge within 24 hours.
The sudden spike has drawn traders eager to capitalize on short-term profits, but it has also raised serious concerns. COAI may be showing a potential red flag that investors should approach with caution.
Why You Should Watch Out For ChainOpera AI
The Chaikin Money Flow (CMF) indicator for COAI has recorded a sharp uptick, signaling a surge in capital inflows. This trend suggests investors are rushing into the token, likely driven by fear of missing out (FOMO). With COAI trending across crypto forums and social platforms, enthusiasm among retail traders appears to be fueling its parabolic rise.
However, such inflow spikes often stem from speculative trading rather than long-term confidence. FOMO-driven activity can inflate valuations beyond sustainable levels, creating conditions ripe for volatility.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
COAI CMF. Source: TradingView
On the macro side, the DeFi Scanner data shows COAI’s risk profile, which highlights that the top 10 wallets control roughly 97% of the token’s circulating supply. This level of concentration is a major red flag, indicating centralized control that could destabilize the market at any time.
If even one of these large holders decides to sell, the effect could be catastrophic. Such a move would likely trigger a chain reaction of panic selling and liquidity drain, sending COAI’s price into a freefall.
COAI Token Holder Data. Source: DeFi Scanner
COAI Price Could See A Drop
COAI’s 96% rally in a single day would normally be viewed as bullish momentum. Yet, in this case, the rapid climb may signal speculative excess rather than genuine growth. The speed of the rise is amplifying concerns about the sustainability of its valuation.
The concentration of supply and inflated demand indicate that COAI could face a steep correction. If selling pressure emerges, the price could drop from $16 to $5 almost instantly, erasing most of the recent gains.
COAI Price Analysis. Source: TradingView
Conversely, if the top wallets refrain from offloading their holdings, COAI could extend its rally beyond $21. Sustained confidence could even push the token toward its all-time high of $48, though the risk of collapse remains significant.
