$STABLE Why has it only been falling since the listing?
Firstly, the massive FDV is significantly larger than that of Hyperliquid, by 2 times. Therefore, a large number of tokens will still be unlocked, and the price will continue to press downwards.
Secondly, it was listed when there was complete uncertainty in the market, so everything was going down.
And thirdly, it’s simply the nature of new tokens: a downward movement.
