EMBER keeps dumping while almost everything else already bounced at least a bit.
Around $0.003 right now, mcap $2.9M.
From mid-September 2–3 cents it’s just been sliding and doesn’t want to stop.
Sector’s green today, this one is still falling.
Not just “the market.”
It’s the token of the Embercurve launchpad on Solana. There was hype, volume, holder rewards, then they switched to burns. After that came complaints about mechanics, inflation, DDoS, suspensions and regular FUD. People who were sitting in it as “meme infrastructure” started exiting once they saw it wasn’t holding up like the others.
Classic. Everyone believed in “fees → burn/rewards” until the price started going down and attention disappeared. Then it was just another launchpad token with no real story left.
Other stuff at least bounced after the dump.
This one didn’t. Because there was nothing new left to keep people in.
Just another example of how fast “utility” stops working once volume and belief are gone.
#EMBER
Around $0.003 right now, mcap $2.9M.
From mid-September 2–3 cents it’s just been sliding and doesn’t want to stop.
Sector’s green today, this one is still falling.
Not just “the market.”
It’s the token of the Embercurve launchpad on Solana. There was hype, volume, holder rewards, then they switched to burns. After that came complaints about mechanics, inflation, DDoS, suspensions and regular FUD. People who were sitting in it as “meme infrastructure” started exiting once they saw it wasn’t holding up like the others.
Classic. Everyone believed in “fees → burn/rewards” until the price started going down and attention disappeared. Then it was just another launchpad token with no real story left.
Other stuff at least bounced after the dump.
This one didn’t. Because there was nothing new left to keep people in.
Just another example of how fast “utility” stops working once volume and belief are gone.
#EMBER