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A leading project migrating to another blockchain often triggers a reallocation of developer activity, liquidity, and user attention. For the original chain, token demand may drop as dApps, staking, and token utility shift away, compressing price support. Short-term selling pressure can emerge from treasury conversions and opportunistic traders, while speculative holders reassess long-term use cases. However, the original chain’s fundamentals—existing TVL, unique apps, and community resilience—determine whether price impact is transient or structural. Market perception and clear migration timelines modulate the severity of the decline.
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