Post
Crypto PM
·
--
BullishThe highly anticipated Brevis ( $BREV ) launch is here! After listing on OKX, Bybit, and Kraken, the token is seeing massive volume ($70M+) but is currently down 8.51% as the market absorbs the initial supply.
🟢 The Bull Case
Incentives: Huge promotional campaigns (4M BREV prize pool) are driving user engagement.
Tech: Strong fundamentals based on ZK Co-Processing technology.
Technical: Analysts are eyeing a potential reversal at the $0.37 support level where volume is surging.
🔴 The Risks (Sell Pressure)
Team Movements: On-chain data shows the team transferred ~$5.3M in BREV to exchanges. This often signals OTC deals or market selling.
Supply Shock: 25% of the total supply is circulating immediately—expect volatility as airdrop hunters and early investors cash out.
Price Action: The initial trend is bearish (-8.51%) until the sell pressure exhausts.
#brevis #brev
🟢 The Bull Case
Incentives: Huge promotional campaigns (4M BREV prize pool) are driving user engagement.
Tech: Strong fundamentals based on ZK Co-Processing technology.
Technical: Analysts are eyeing a potential reversal at the $0.37 support level where volume is surging.
🔴 The Risks (Sell Pressure)
Team Movements: On-chain data shows the team transferred ~$5.3M in BREV to exchanges. This often signals OTC deals or market selling.
Supply Shock: 25% of the total supply is circulating immediately—expect volatility as airdrop hunters and early investors cash out.
Price Action: The initial trend is bearish (-8.51%) until the sell pressure exhausts.
#brevis #brev
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
2,903.6
+0.33%