💥😱 $DEGO Just Took a Nosedive – Here’s What Really Went Down 🚨
What’s up, Knights
If you've been tracking the charts today, you saw it — $DEGO plunged nearly 50% in under an hour. No rug pull, no hack. So, what triggered the collapse?
🔍 Whale Dump Incoming
A massive sell-off of over $250K worth of DEGO hit the market out of nowhere. On a thin order book, that kind of volume crashes price — fast.
💥 Liquidation Domino Effect
That initial drop sparked over $650K in long liquidations. Leverage spiraled into panic. Classic cascading sell-off.
Sound familiar? It mirrors what happened with #OM — no news, just whales pulling the plug hard and fast.
🧠 Bottom Line
This wasn’t about fundamentals — it was pure market mechanics. Thin liquidity + heavy sell pressure = collapse.
💡 Risk management is key: Use stop-losses, keep leverage in check, and be cautious with low-cap tokens.
📍Current Price: ~$1.32 (still unstable)
Stay sharp out there, fam — your CRYPTOO KNIGHTTs will keep you posted.