
Aethir (ATH) recently announced a $344M Distributed AI Training (DAT) token sale, but its price immediately dropped 25% after almost doubling earlier this month. This suggests a "sell the news" event or profit-taking, and Mike Dudas warns that similar trades in the crypto market could face an "ugly" correction soon. Investors should exercise caution with tokens that have seen rapid price appreciation and are now announcing major events.

By mdudas
crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol