BLUR has fallen so hard even its own mother wouldn’t recognize it. It plunged nearly 37% in 24 hours, with the price now at 0.12. $BLUR $$BLUR still has a trading volume of 11 million USDT. According to Binance’s live data, the massive selling volume makes it obvious that someone is frantically making a run for the exits. Blur’s meager protocol revenue is propped up entirely by wash-trading rebates, and its liquidity pool isn’t that deep either—once a whale pulls out, it can trigger a full-on panic selloff. VIC is even worse, down 43%, while ATA has been driven straight to 0.001. Everyone’s given up. PNT, on the other hand, bucked the trend and surged 45%, but with only 260,000 U in trading volume, it’s a classic market-maker pump. Stay away. Gold is at 2,360 and oil at 82, so all the money is hiding in safe havens. Altcoin season? Looks more like an altcoin funeral to me. With BLUR moving like this, either wait for it to bottom out or see if the team comes up with a new narrative. Otherwise, it’ll just keep grinding lower and wearing everyone down.
The above is just my personal opinion and does not constitute investment advice. #AltcoinSeasonIsHere #StopLossTips
The above is just my personal opinion and does not constitute investment advice. #AltcoinSeasonIsHere #StopLossTips