How rare is slingshot?

Slingshot" - a term often used in the world of finance and cryptocurrency - can be quite elusive when it comes to defining its rarity. It's often referenced as a sudden, sharp increase in the price of an asset, much like the slingshot launching an object into the air. But just how rare is this phenomenon, really? Does it occur frequently, making it a common occurrence for investors to capitalize on? Or is it a once-in-a-blue-moon event, where those who manage to catch the wave are few and fortunate? And when it does happen, does it tend to affect a select few assets, or is it a broader market movement? Understanding the rarity of "slingshot" is crucial for investors looking to make informed decisions and potentially reap the rewards of such a sudden surge. So, how rare is it, really? Let's delve deeper into this enigmatic term and explore its prevalence in the world of finance and cryptocurrency.