The owners hold most of the tokens and they could drive the price very high and keep it in sky by trading among themselves. Now price is highly valued, nobody will invest money because tomorrow price can be halved. Knowing this, token owners raise the price every day to high levels. They know that traders are greedy but owners want to earn money. With this trading method, they can raise the price up to 1000 usd. As investor is greedy, he will still decide to buy after seeing token price increase every day, and then the price will drop twice. I have written before about the greed of token holders, even there since 2021. The whole story is based on false expectations and marketing that the owners sell every day through the media.
Don't buy this bubble, because when they see that naive people are entering the network, they will immediately sell and drop the price at