#美国证券交易委员会推进数字资产监管框架创新 $NIGHT this coin has recently attracted a lot of attention, but you also need to watch out for a few pitfalls.

Volatility can be shocking— as a newly launched project, the price is tightly linked to market sentiment. Large investors dumping, sentiment reversal, halving events are not surprises; conversely, sharp increases can also happen. This is the fate of new coins.

Be cautious about liquidity. Although it has been listed on top exchanges, "unfreezing" is done in batches, with a cycle of nearly a year—what does this mean? The market will continually face new selling pressure, and potential dumping risks always exist. Real-time monitoring of the unfreezing progress is necessary.

There’s also the variable of regulation. Privacy coin projects are naturally more likely to attract the attention of regulatory authorities. The project claims to be compliant, but in jurisdictions like Europe, privacy features still face strict scrutiny. Policy shifts could lead to delisting from exchanges.

So, when evaluating a project, don’t just look at the price increase; these risk factors in these dimensions must be carefully considered.