If you follow crypto news, you might be aware about solana dog shitcoin called "BONK" is up 900% the past week . If you are thinking to invest in this coin, let me share an important fact regarding this coin. The top 20 holders 50% of the coin.
You can yourself check this here
https://solscan.io/token/DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263#holdersSo, it is obvious that they will eventually dump it. Those who are investing seeing the dramtic increase in prices will loose all their investment when it dumps.
It is true that it can be eventually dumped but the way they Listed on more than 15 exchange is extra ordinary and it's make hype in this bear season. This is second coin after PI which rise so fast and early users makes millionaires in two days. I think it will be better to invest very small part which we can afford to lose in short time