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It feels like a cycle, reliving the five stages of Meme coin MEME
Like $RAVE 's script, there are many others as well.
The same beginning with a bunch of people shorting and then getting wrecked, then KOLs start advising against shorting, but still, a lot of people go short and lose money.
The second stage is that as it climbs higher and higher, fewer and fewer people mention it.
The third stage is suddenly a big red candle, and then KOLs start mentioning it again, with one summary sentence—"I knew it would fall sooner or later."
The fourth stage is gradually ignored, then a dead cat bounce, and it starts to come back to life.
The fifth stage is when it gets delisted.