$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:
✅Early investors cashed out after the listing.
✅Big players manipulated the market. Whales dumped tokens to shake out weak hands.
✅Overhype led to a correction. The listing hype drove the price too high, leading to a sharp drop.
What Should Holders Do?
✅ If you bought high, don't panic sell. Wait for the price to stabilize.
✅If you bought low, you can sell some to lock in profits and hold some for a potential rebound.
✅Expect Volatility,
Short-term Big price swings and possible retests of $0.10.
✅Mid-term recovery attempts as hype cools down.
✅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.