$牛来 Bull didn’t explode this week—it’s been a slow bleed down. Now it’s just above 80 cents; the market cap is a bit over 80 million, and in the last 24 hours it’s barely moved.
It closed around 1 cent on October 1, dropped about 15% on the 2nd, then kept grinding down a bit more on the 3rd, to below 80 cents. On the 4th and 5th it just stayed range-bound here. Over seven days it fell about 20%. On September 13, the peak was 1.6 cents, with a market cap around 160 million; now it’s down to about half. It’s not a single spike—it’s a continuous sequence of bearish candles.
Those who left early have already exited. For example, someone bought 10,260,000,000 tokens with an address on August 17 at 2.9 cents; their cost was under 300k USDT. They held for 44 days, and on September 29 they transferred everything to Binance. At that time the value was 1.18 million, and the unrealized profit peaked at 1.36 million. After deals like this are completed, most of what’s left is either waiting for QQQB, or still thinking it can rebound after going sideways.
On September 28, the airdrop news came out. That day it only pumped about 8%, and the market cap briefly touched 105 million, but it never got picked up afterward. After the futures listing, the spot listing, and the stock-token listings—three rounds of plays—the chart still ended up stuck at around 80 cents. It looks like no incremental demand is coming.
So it comes down to how the dog-poor market makers wash and churn things next.
Not investment advice—watch the chart yourself.
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