No trap, $MONK has been flying under the radar since it came out, there's been a lot of exposure on social media especially twitter lately so there's been new people jumping aboard buying lots of MONK because of the great staking rewards, there's been no big price increase since the ATH on Jan 9 but now the price stabilized and it's always ranging between $15-$18 so people can buy $MONK stake and sell the stakes and make the original investment back real quick because of the high staking rewards of 1-5% daily. Also, you can see that the circulating supply for $MONK is pretty small, very limited, so there's very few coins out for sale, that makes price go up pretty easily. There's also information coming from dev about masternodes implementation very soon so people are filling their bags to make sure they can secure that masternode. This is one of the best or the best POS coin out there with the most unique pos blocks rewards structure that is why the price went up so much and so quickly, I believe there is still a lot of room for improvement, ´pretty sure price will go to over $50 by the end of this year. I recommend you to buy, stake and see for yourself  .