$MARSCOIN after listing on Binance, the price action is giving chase-up capital a risk lesson. In four days, the price is close to halving; in the past 24 hours it has fallen about 14.91% again, and is now around $0.08735. Trading volume in the past 24 hours is about $65.06 million, and the market cap is about $87.35 million.
The issue is not just a pullback, but a lack of real buy-side support after the listing, and community hype has also not continued to grow. After the order book is repeatedly pumped higher, there’s a lack of follow-through—funds look more like they’re playing a short-term game. In addition, insufficient disclosure of project information and weak expectation management will further amplify market concerns about “loss of price control,” which in turn may increase selling pressure.
In the short term, don’t focus only on the benefits of being listed. Whether trading volume can be converted into truly settled/retained capital, and whether the official team can improve transparency, is the key to stopping the decline. If any rebound lacks new follow-through, the price may still repeatedly test lower levels.
#MARSCOIN #加密货币 #交易风控
The issue is not just a pullback, but a lack of real buy-side support after the listing, and community hype has also not continued to grow. After the order book is repeatedly pumped higher, there’s a lack of follow-through—funds look more like they’re playing a short-term game. In addition, insufficient disclosure of project information and weak expectation management will further amplify market concerns about “loss of price control,” which in turn may increase selling pressure.
In the short term, don’t focus only on the benefits of being listed. Whether trading volume can be converted into truly settled/retained capital, and whether the official team can improve transparency, is the key to stopping the decline. If any rebound lacks new follow-through, the price may still repeatedly test lower levels.
#MARSCOIN #加密货币 #交易风控