📉 Why $DEGO Just Got Wrecked – The Real Story Behind the Dump 🚨
Yo Knights,
If you've been watching the charts, you saw it — $DEGO got absolutely nuked, down 50% in an hour. No, this wasn’t a rug or a hack. Here's what really went down:
🔍 Big Whale Sell-Off
Someone (or a group) dumped over $250K worth of DEGO straight onto the market. No warning. Straight liquidation-style. That much supply on thin order books? Boom. Price cratered.
💥 Liquidation Dominoes
As the price dropped, leveraged longs got liquidated hard — over $650K in longs wiped out. Chain reaction. You know the drill. Weak hands got flushed.
📉 Same Vibes as Mantra ($OM ) Crash
This move mirrored what happened to OM recently. No headline, no drama — just sudden, heavy exits and the market panicked.
🧠 What to Learn
This wasn’t about fundamentals — it was pure market mechanics. Low liquidity + whales selling = disaster. Always set your stops. Always manage your exposure. Especially in low-cap plays.
📍Current Price: ~$1.35 (and still shaky)
Stay sharp out there. Don’t get caught sleeping. More updates soon from your CRYPTOO KNIGHTTs ⚔️
