🚨 Why is $BOB crashing after the hype? 🤔
BOB pumped hard—almost +87% in a single day before its Binance Futures listing on June 5. But now it's dumping fast. Here's why:
🔻 1. Profit-Taking After the Pump
BOB went viral → traders jumped in → early holders cashed out. Wallets dropped from 115K to ~39K! Massive sell pressure hit hard.
🐋 2. Whales Are Dumping
Big holders took profits after the 30× pump. Once one whale exits, others follow → cascading sell-offs & liquidations.
💧 3. Liquidity Drop From Bybit Delisting
BOB got delisted from Bybit in April. Fewer places to trade = more fragile price action. Less liquidity = sharper dumps.
😵💫 4. Meme Coin Cycle in Full Swing
Like most memes, BOB rides hype. No strong fundamentals = pump & dump. Rumors of dev inactivity also hurting sentiment.
📉 TL;DR
BOB is experiencing a classic memecoin correction. Unless fresh hype or dev updates come, expect more volatility ahead.
👉 Trade smart. Watch whale moves. Set stop-losses. Don’t FOMO. 🧠
#BOB #Crypto #Memecoin #BinanceFutures #DYOR