👇 Reasons for the collapse of the BOB currency:
1. No real value
The currency is based on a joke… literally. There is no clear project, no technical goals, and no actual utility. This means that as soon as people stopped laughing, they started selling.
2. All hype and exaggeration
The currency relied on trends and social media. When people got excited and started buying, the price soared… but without any foundation. And with the first wave of selling or fear, the price dropped like a rocket.
3. People entered greedily, not to invest
BOB attracted a type of investor who enters to "make a quick profit" and exits quickly. This is a major reason for the collapse… because everyone is buying to sell, not to believe in the project.
4. The whales pulled the rug
Some wallets that were holding large amounts began to sell when the price rose, which caused the market to shake violently. People got scared… so they started selling too. A collective collapse like dominoes.
5. No development or rescue plan
When the significant drop occurred, there was no team that emerged to reassure people, no clear roadmap, and no real attempt to save the project. Everyone left the ship to sink.
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😵💫 The result?
People got stuck and don't know how to exit.
Some sold at a loss.
And some are still confused, should they wait for a miracle? Or save what can be saved?
🎯 The summary:
The BOB currency collapsed because it was a trend bubble, not a real project. A bubble that burst as soon as people started thinking rationally and asked: "What are we buying?"
