😭 PANIC SELL: $VIB DELISTED NEWS
Following the announcement of the delisting, VIB's price experienced a sharp decline, dropping from approximately $0.02378 to $0.01321. This indicates that traders reacted to the news by selling off their holdings, leading to increased selling pressure and a significant price drop.
The trading volume also spiked during this period, suggesting heightened activity as traders rushed to exit their positions before the delisting takes effect. The moving averages (MA7, MA25, and MA99) show a bearish trend, with the price falling below all these levels, further confirming the negative impact of the delisting announcement on market sentiment.
Overall, the delisting announcement has created a panic-driven sell-off, resulting in a substantial decrease in VIB's price and increased volatility.