๐จ $POWER CRASHED 90% โ Here's Why
On March 4, a team-linked wallet dumped 30M $POWER tokens to Bitget & MEXC. Price collapsed from $1.86 โ $0.17 in hours.
3 reasons it hit so hard:
๐ด Team multisig wallet moved 30M tokens to CEXs
๐ด Ronin Bridge pause created a CEX vs on-chain price gap
๐ด March 5 token unlock fear triggered panic selling
The token had pumped +843% in 30 days. That kind of move almost always ends violently. With 72.8% of supply still locked โ more sell pressure is coming in 2026.
The project (Web3 gaming / Fableborne) has real users & $15.4M in funding. But trust doesn't rebuild overnight after a team wallet event like this.
Watch on-chain activity before touching this one. ๐
โ ๏ธ Not financial advice. DYOR.
๐ฌ Were you holding $POWER? Drop your thoughts ๐