6 token garbage cans led by a gang of thieves
Post
sabry990
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hmster
$HMSTR Possible reasons for severe decline:
1. Early investor profit-taking
When the currency reaches a new trading platform or after a rapid rise, those who bought early tend to liquidate their positions to realize profits, which pressures the downward price.
2. The phenomenon of 'buy the rumor, sell the news'
Media hype around the listing of the currency on major platforms temporarily increases demand, but once the event is over, selling begins, leading to a subsequent drop that may be sharp.
1. Early investor profit-taking
When the currency reaches a new trading platform or after a rapid rise, those who bought early tend to liquidate their positions to realize profits, which pressures the downward price.
2. The phenomenon of 'buy the rumor, sell the news'
Media hype around the listing of the currency on major platforms temporarily increases demand, but once the event is over, selling begins, leading to a subsequent drop that may be sharp.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.