$SHIB This sell-off, put simply, is the main players washing the contracts.
In 24 hours, 6,720 billion tokens traded—volume isn’t small. But the price was dumped from 0.0000047 down to 0.00000447, a 4% drop—typical of a low-volume, slow bearish decline. Retail traders are cutting losses, while the big on-chain whales don’t show much movement, which suggests the coins haven’t really dispersed.
Community sentiment has hit rock bottom; in the groups people are even cursing “the meme coin is finished.” But old hands know the script for meme coins is always like this—when nobody is paying attention, that’s when odd things are most likely to happen.
For the short term, watch the 0.0000044 level. If it breaks, then there really won’t be any hope. If it holds, there could still be some back-and-forth. Don’t chase price up, and don’t panic and sell to cut losses—this kind of market is all about grinding your nerves.
Which coin are you still watching?
In 24 hours, 6,720 billion tokens traded—volume isn’t small. But the price was dumped from 0.0000047 down to 0.00000447, a 4% drop—typical of a low-volume, slow bearish decline. Retail traders are cutting losses, while the big on-chain whales don’t show much movement, which suggests the coins haven’t really dispersed.
Community sentiment has hit rock bottom; in the groups people are even cursing “the meme coin is finished.” But old hands know the script for meme coins is always like this—when nobody is paying attention, that’s when odd things are most likely to happen.
For the short term, watch the 0.0000044 level. If it breaks, then there really won’t be any hope. If it holds, there could still be some back-and-forth. Don’t chase price up, and don’t panic and sell to cut losses—this kind of market is all about grinding your nerves.
Which coin are you still watching?