As a Chicago-based quant, I analyzed XEM’s wild 24-hour price swings—up 78%, then crash—using real orderbook data. This isn’t hype. It’s structural fragility in low-liquidity altcoins. I’ll expose the hidden risks behind the spike, why CEXs hide it, and how you can spot these traps early. If you’re trading small-cap cryptos, this is your wake-up call.