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tik tok ads: cpms and cpcs going up drastically

Hey guys I’ve noticed my CPM and cpcs spiking up from $5 up to $30 tik tok and I don’t know why. anybody else experiencing something similar? Currently running a cbo campaign with $300 budget with 10 adgroups with 3 ad creatives each and aco on. I am also targeting USA & canada. I plan on switching to a 10 adgroup 5 creatives each aco on testing strategy if this keeps up… Any advice would be greatly appreciated!

submitted by /u/Wise-Channel5981
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