$DEXE went from $1.72 to $49 in 5 months (+2760%). Then wiped 96.8% in 11 days. Back to $1.56.
July 21 alone? -88% in 24 hours.
Why it collapsed:
Top 100 wallets = 99.72% supply
5 wallets = 96% of market cap
Rally was pure leverage + short squeeze on thin float
Ceffu moved 797k $DEXE to Binance starting July 13. Zero bid depth to catch it.
No hack. No exploit. TVL still $1.7B. Chart still died.
Everyone who bought at $2 was up 28x at $49. Almost nobody sold. The ones who took 3x, 5x, 10x profits are the only ones who kept anything.
This is the lesson:
Profit booking is NOT optional. Scale out on the way up. Never let an unrealized gain turn into an unrealized loss.
Before you ape, check tokenomics. Holder concentration, float size, leverage exposure. The chart warns you before it kills you.
Profit is profit. Book it or lose it.
July 21 alone? -88% in 24 hours.
Why it collapsed:
Top 100 wallets = 99.72% supply
5 wallets = 96% of market cap
Rally was pure leverage + short squeeze on thin float
Ceffu moved 797k $DEXE to Binance starting July 13. Zero bid depth to catch it.
No hack. No exploit. TVL still $1.7B. Chart still died.
Everyone who bought at $2 was up 28x at $49. Almost nobody sold. The ones who took 3x, 5x, 10x profits are the only ones who kept anything.
This is the lesson:
Profit booking is NOT optional. Scale out on the way up. Never let an unrealized gain turn into an unrealized loss.
Before you ape, check tokenomics. Holder concentration, float size, leverage exposure. The chart warns you before it kills you.
Profit is profit. Book it or lose it.