Mass liquidations in futures (over $4M in longs).
The token went from having a decent market cap to ending up at ~ $24M (very damaged).
Confidence was completely destroyed. These cases are very common in crypto gaming projects.
Summary: It was a mega dump by large holders (possibly insiders), typical of projects with weak tokenomics and high concentration in a few wallets. The chart you sent captures exactly the moment of panic.
Do you want me to explain something more specific (like what Yooldo Games is, whether it’s worth touching now, or how to avoid this kind of thing)?
The token went from having a decent market cap to ending up at ~ $24M (very damaged).
Confidence was completely destroyed. These cases are very common in crypto gaming projects.
Summary: It was a mega dump by large holders (possibly insiders), typical of projects with weak tokenomics and high concentration in a few wallets. The chart you sent captures exactly the moment of panic.
Do you want me to explain something more specific (like what Yooldo Games is, whether it’s worth touching now, or how to avoid this kind of thing)?
