@gconcept
$HEMI Listing on Binance Triggered Price Plunge.
What Really Happened and What's Next?
Here is it 👇
HEMI's price dropped sharply after listing on Binance Spot, falling from $0.6960 to $0.1050.
Here's why:
âś…Early investors cashed out after the listing.
âś…Big players manipulated the market. Whales dumped tokens to shake out weak hands.
âś…Overhype led to a correction. The listing hype drove the price too high, leading to a sharp drop.
What Should Holders Do?
âś… If you bought high, don't panic sell. Wait for the price to stabilize.
âś…If you bought low, you can sell some to lock in profits and hold some for a potential rebound.
âś…Expect Volatility,
Short-term Big price swings and possible retests of $0.10.
âś…Mid-term recovery attempts as hype cools down.
âś…Long-term Depends on the project's fundamentals.
Avoid selling after a big crash. Instead, be patient, manage risk, and wait for the market to settle.
Please this is not a financial advise. DYOR.