$CHIP just pulled back hard from $0.14 to $0.07 but this looks like classic post-launch profit taking from CoinList early buyers who got in at $0.03.
The support zone is holding around $0.07 and the fundamentals are real. GPU backed lending protocol, backed by Framework Ventures and Coinbase Ventures, live product with actual borrowers.
Only 20% of supply is circulating right now. If that support flips to demand, a new ATH push is very much on the table.
Watch the $0.075 level closely.
DYOR. Not financial advice