On January 19th last year, at that moment, a well-known token surged to a historical high of $75.35 on the eve of its inauguration. The market was highly enthusiastic at the time, and $SOL also hit a new high, forming a synchronized rally.
But the story that followed was very heartbreaking. The token issuer began continuous unlocking and selling, and since then, it has fallen into a year-long decline cycle. From the peak to now, the decline exceeds 90%, and the token price is only $5.321.
In this wave of market, some people made a fortune, while others missed the entire cycle in hesitation. And those who entered later were continuously cut down during the ongoing pressure release. The market is like this; opportunities and risks are often just a matter of a thought.
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ProofOfNothing
· 20h ago
Another classic "team crazy unlock" script... should have seen it clearly earlier
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GateUser-1a2ed0b9
· 21h ago
Traders harvest the profits while retail investors get trapped—this is the daily routine in the crypto world.
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GateUser-ccc36bc5
· 21h ago
A 90% decline—that's the usual operation in the crypto world. I'm used to it.
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WinterWarmthCat
· 21h ago
It's the same old trick again; those who buy in at high levels are all cannon fodder.
On January 19th last year, at that moment, a well-known token surged to a historical high of $75.35 on the eve of its inauguration. The market was highly enthusiastic at the time, and $SOL also hit a new high, forming a synchronized rally.
But the story that followed was very heartbreaking. The token issuer began continuous unlocking and selling, and since then, it has fallen into a year-long decline cycle. From the peak to now, the decline exceeds 90%, and the token price is only $5.321.
In this wave of market, some people made a fortune, while others missed the entire cycle in hesitation. And those who entered later were continuously cut down during the ongoing pressure release. The market is like this; opportunities and risks are often just a matter of a thought.