A certain altcoin dropped from a high of 0.049 to 0.0133, a decline of 75%. Based on this trend, the project is probably already dead. But don’t be too hopeless; sometimes exchanges will revive these kinds of tokens every three or five months to run contracts again. Although this kind of speculation carries huge risks, it can still be seen in the market. The key is whether new funds will step in and whether market enthusiasm will return.
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DefiEngineerJack
· 15h ago
well, *actually* if you look at the order book mechanics here, these pump-and-dump cycles are just formalized rugpulls waiting to happen. the 75% dump is textbook liquidity extraction—show me the formal verification of their smart contracts or it's exit liquidity, ser.
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LightningWallet
· 01-15 14:01
A 75% drop... this is the daily life of altcoins, I should have accepted it long ago.
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gm_or_ngmi
· 01-15 14:01
A 75% drop, huh? This is the daily routine of altcoins... Wait for the exchange to pump again, and it'll be another round of cutting leeks.
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CounterIndicator
· 01-15 13:54
75% decline? That's just the daily routine of altcoins; I'm used to it already.
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StableCoinKaren
· 01-15 13:34
75% directly broke through, whether this coin lives or dies depends on if someone is foolish enough to buy the dip.
A certain altcoin dropped from a high of 0.049 to 0.0133, a decline of 75%. Based on this trend, the project is probably already dead. But don’t be too hopeless; sometimes exchanges will revive these kinds of tokens every three or five months to run contracts again. Although this kind of speculation carries huge risks, it can still be seen in the market. The key is whether new funds will step in and whether market enthusiasm will return.