When #Ether.Fi ( $ETHFI ) launched, there was massive excitement—people were shouting that the token would hit $20, $30, or even $50. And here we are, with it now down over 92% from its peak. It followed a similar pattern to $OM: initial hype, then a sharp decline.
I believe these tokens were largely driven by hype. #ETHFI might regain some ground, but only if it holds its current price level.
If that support breaks, there's a high chance of a free fall. A recovery toward $1.20 is possible, but only if the momentum stays intact.