CFG After Listing — From Hype to Heavy Drop 📉
CFG delivered a highly volatile move in its first 24 hours after listing. Price initially surged to around $0.247 but later dropped nearly -19% and is now trading near the $0.16 zone.
This kind of price action clearly shows how early hype can quickly turn into profit booking in newly launched tokens.
The move was sharp on both sides. Early buyers saw a strong rally, while late entries faced the correction phase as selling pressure increased.
Token unlock data also indicates continuous supply entering the market, which can add pressure if demand slows down.
Right now CFG is trying to stabilize near the $0.16 area. If buyers step in, a short-term bounce toward $0.18 is possible. Otherwise, the market may look for lower support.
This move is a reminder that new listings often reward patience more than chasing momentum.
Did you catch the early move or are you waiting for a better entry now? 👀
