🚨 Breaking News & Tactical Analysis: What’s happening to LSK, and why does the crash continue? $LSK
The LSK coin is experiencing a sharp downward wave and a rapid price decline. We want to clarify the underlying and technical reasons behind this fall in order to avoid losses:
1️⃣ Decision to shut down the old network (Lisk Chain Shutdown):
The team officially announced the permanent shutdown of the old Lisk network on October 31, 2026, with a full transition to the Ethereum network. This triggered panic and fear (FUD) among investors and holders looking to get rid of their coins to avoid technical complications.
2️⃣ Unstaking and excess supply (Unstaking Dump):
The DAO vote enabled the ability to un-stake without delay (and without any penalties), which caused millions of previously locked coins to exit and their owners to rush to sell them directly on the spot market before the shutdown date.
3️⃣ The truth about the burn (Buy the rumor, sell the news):
The decision to burn 100 million coins belongs to the project’s future treasury for the years (2027–2033) and does not pull liquidity from the currently circulating supply. Whales used the news to push the price up to the $2 level and unload their amounts onto traders, turning the trend into a vertical sell-off.
4️⃣ Technical outlook and caution:
The current bounce from the bottom at $0.3376 is very weak and lacks real buying volume. Breaking the support level at $0.3370 opens the door to further declines toward $0.3150 and $0.2800. $
The LSK coin is experiencing a sharp downward wave and a rapid price decline. We want to clarify the underlying and technical reasons behind this fall in order to avoid losses:
1️⃣ Decision to shut down the old network (Lisk Chain Shutdown):
The team officially announced the permanent shutdown of the old Lisk network on October 31, 2026, with a full transition to the Ethereum network. This triggered panic and fear (FUD) among investors and holders looking to get rid of their coins to avoid technical complications.
2️⃣ Unstaking and excess supply (Unstaking Dump):
The DAO vote enabled the ability to un-stake without delay (and without any penalties), which caused millions of previously locked coins to exit and their owners to rush to sell them directly on the spot market before the shutdown date.
3️⃣ The truth about the burn (Buy the rumor, sell the news):
The decision to burn 100 million coins belongs to the project’s future treasury for the years (2027–2033) and does not pull liquidity from the currently circulating supply. Whales used the news to push the price up to the $2 level and unload their amounts onto traders, turning the trend into a vertical sell-off.
4️⃣ Technical outlook and caution:
The current bounce from the bottom at $0.3376 is very weak and lacks real buying volume. Breaking the support level at $0.3370 opens the door to further declines toward $0.3150 and $0.2800. $
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