š„Ā SOMI PLUMMETS: The $1.90 Dream to $0.22 Reality!Ā š
TheĀ Somnia ($SOMI)Ā rollercoaster just hit a massive dip. After roaring to an All-Time High nearĀ $1.90 USDT, aggressive profit-taking and whale distribution have driven the price down by overĀ 85%Ā to the $0.22 - $0.24 range.
šØĀ What Happened?
Massive Sell-Off:Ā Large holders distributed coins post-launch euphoria.
Derivatives Confidence Collapsed:Ā Futures Open Interest (OI) dropped sharply.
Vesting/Unlock Pressure:Ā More tokens hitting the market add continuous supply pressure.
Despite the crash, Somnia's tech is still top-tier: 1M+ TPS, sub-second finality, and a strong EVM focus.
Is this the final floor for the L1 speedster, or are we set for a capitulation? Technical support is CRITICAL aroundĀ $0.22 USDT.
#SOMI #Somnia #CryptoCrash #BinanceSquare #L1

