## Why Did $Sight's Launch Performance Fall Far Below Expectations?

Before the official launch, many analysis institutions predicted that the price range of $Sight would be between $0.80 and $1.05, with optimists even targeting $2-3. However, the reality was shocking—the token's actual trading price hovered around $0.008, a decline of -83%. This issue warrants a detailed analysis.

## Why Is the Selling Pressure So Heavy?

What is behind this nearly 90% drop? The most direct explanation is: there is severe selling pressure in the market.

Imagine the scene at the moment of launch. Early participants who obtained tokens—whether airdrop users or private round investors—faced a real choice once the price was publicly traded: hold and wait for a rise, or cash out immediately. Given that the price was already below expectations and market confidence was low, many investors chose to realize profits and exit. This concentrated selling directly pushed the price down, creating a downward "death spiral."

## The GameFi Sector Is Hot Enough; Why Are Capital Still Watching?

Interestingly, the market heat in the GameFi and Metaverse sectors where $Sight is positioned has not been low recently. The project team has also launched targeted airdrop activities to attract participation. But the reaction from capital markets has been extremely cold.

This may reflect a harsh reality: there is an inherent disagreement on the valuation of this project. Simply put, the price is inflated. When investors realize the huge gap between the issuance price and the true value, they vote with their feet—massive withdrawals occur. This is not something that airdrop hype can compensate for, but rather a crisis of trust in the project's fundamental valuation.

For holders, this is a real-world lesson about market pricing, early participant incentives, and the mismatch between sector enthusiasm and actual capital flow.