Parabolic Moves That Had Everyone Talking Yesterday

[⭐ MDDODO]

‎$KITE experienced extreme volatility over a 24 hour period, peaking at $0.7368 before collapsing to $0.06528 a swing exceeding 90%. Such rapid movement highlights thin liquidity and aggressive speculative positioning. Trading volume remained elevated even during the drop, suggesting that market participants were actively adjusting positions rather than abandoning the market.
‎
‎One factor contributing to this spike and rapid correction was the BingX Kite AI (KITE) Xpool event from November 3–7. The event concentrated activity over a short timeframe, with total rewards of 150,000 KITE Points and additional incentives for early high stake participants. This reward structure likely intensified short term demand, temporarily amplifying price swings.
‎
‎How do you evaluate risk in markets with parabolic short term swings driven by concentrated events?