For a cryptocurrency to become a hot coin, there must be clear positive factors in the market that lead to increased buying volume and drive its price up Social media buzz often amplifies interest, with enthusiasts proclaiming imminent surges, further fueling market excitement.Beneath this noise, several key factors typically contribute to the upward momentum of hot coins. While some factors are logical, the market can often be irrational, leading to significant price fluctuations. This is why
Technical Analysis is essential to determine whether it is the right and safe time to enter the market.