Golden Pig’s take: Looking at $ROBO ’s price action, calling it a Binance spot listing makes me feel sorry for its holders.
The numbers speak for themselves: It launched in March at around 0.0348, peaked at 0.0502, and is now hovering around 0.0052—down nearly 90% from its high and about 85% below its launch price.
It’s down about 38% over the past 30 days and another 8.5% over the past 7 days, with a steady slide and no meaningful rebound.
What really stings is the trading volume: During its first week on Binance spot, it averaged about $25 million a day. Over the past 7 days, the daily average was under $500,000—a drop of about 98%. Almost nobody is trading it anymore.
Only about 2.23 billion tokens are circulating, out of a total supply of 10 billion. Roughly 80% hasn’t been released yet. With the price already here, who’s going to buy when those tokens unlock?
Is the project team actually trying to support the price, or are they just slowly selling off? So far, I haven’t seen any on-chain transfers that directly prove they’re dumping, but this chart shows no sign of support whatsoever.
What are you planning to do with your $ROBO ? Compared with $BTC , do you think coins like this are still worth holding?
The numbers speak for themselves: It launched in March at around 0.0348, peaked at 0.0502, and is now hovering around 0.0052—down nearly 90% from its high and about 85% below its launch price.
It’s down about 38% over the past 30 days and another 8.5% over the past 7 days, with a steady slide and no meaningful rebound.
What really stings is the trading volume: During its first week on Binance spot, it averaged about $25 million a day. Over the past 7 days, the daily average was under $500,000—a drop of about 98%. Almost nobody is trading it anymore.
Only about 2.23 billion tokens are circulating, out of a total supply of 10 billion. Roughly 80% hasn’t been released yet. With the price already here, who’s going to buy when those tokens unlock?
Is the project team actually trying to support the price, or are they just slowly selling off? So far, I haven’t seen any on-chain transfers that directly prove they’re dumping, but this chart shows no sign of support whatsoever.
What are you planning to do with your $ROBO ? Compared with $BTC , do you think coins like this are still worth holding?