$AT has achieved a surge driven by the trading competition. The biggest suspense now is: after the rewards are distributed tomorrow, can the market effectively absorb this wave of incremental volume? From the perspective of market makers' movements, they have been cautious since the previous sell-off, and this signal remains relatively stable. However, low-market-cap tokens often face tests under such mechanisms—once rewards flood into the market, retail investors' willingness to buy in will significantly decrease. The key is whether this round of trading competition can bring in enough genuine trading volume to support it, rather than relying solely on the activity's popularity. If market maker addresses can continue to remain inactive, it indicates that the main players still have positive expectations for the future market. But if a large sell-off occurs after the rewards are distributed tomorrow, liquidity may face challenges. The potential for these types of tokens ultimately depends on trading depth and the market sentiment's capacity to bear the load.