$BEAT :After the explosive surge, it's a mess everywhere
At the end of July, it was violently pumped from $3.8 to $4.7. Now it has fallen back to $0.22—a drop of over 95%. Surging comes from narrative; falling comes from reality.
Reasons for the explosive surge
• Massive unlocks trigger a rebound: On August 1, 21.25 million tokens were unlocked. The market expected a collapse, but instead it surged against the trend—big players used the panic to accumulate
• Deflation narrative: The platform’s revenue uses 99.8% for buybacks and burns; cumulatively, over 17.8 million tokens have been destroyed. The story of “the more you use it, the more scarce it becomes” is very compelling
• Boost from AI + institutions: The Agent Economy roadmap was released, and support from whales pushed it up to $4.7
Reasons for the plunge
• Flood of supply: From August 17–20, whales net-sold 22.85 million tokens (nearly 24% of circulating supply). Tokens kept flowing into exchanges
• Total breakdown of support: Price is far below all moving averages, and the daily chart is fully in a bearish configuration
What to watch next
• Pessimistic view: The trend is downward. With support fully broken, it may continue to drop toward $0.12
• Optimistic view: The fundamentals (real revenue + burn mechanism) haven’t changed. We need to wait for the price to climb back above $0.244 (EMA30) and see a volume-confirmed breakout
If you want to keep up with Ah Hui’s pace, come to my homepage chat room—I’ll help you lay out the trades and operations!
At the end of July, it was violently pumped from $3.8 to $4.7. Now it has fallen back to $0.22—a drop of over 95%. Surging comes from narrative; falling comes from reality.
Reasons for the explosive surge
• Massive unlocks trigger a rebound: On August 1, 21.25 million tokens were unlocked. The market expected a collapse, but instead it surged against the trend—big players used the panic to accumulate
• Deflation narrative: The platform’s revenue uses 99.8% for buybacks and burns; cumulatively, over 17.8 million tokens have been destroyed. The story of “the more you use it, the more scarce it becomes” is very compelling
• Boost from AI + institutions: The Agent Economy roadmap was released, and support from whales pushed it up to $4.7
Reasons for the plunge
• Flood of supply: From August 17–20, whales net-sold 22.85 million tokens (nearly 24% of circulating supply). Tokens kept flowing into exchanges
• Total breakdown of support: Price is far below all moving averages, and the daily chart is fully in a bearish configuration
What to watch next
• Pessimistic view: The trend is downward. With support fully broken, it may continue to drop toward $0.12
• Optimistic view: The fundamentals (real revenue + burn mechanism) haven’t changed. We need to wait for the price to climb back above $0.244 (EMA30) and see a volume-confirmed breakout
If you want to keep up with Ah Hui’s pace, come to my homepage chat room—I’ll help you lay out the trades and operations!