$ESX

The ESX token launched on June 18 with backing from Tether founder Brock Pierce and RE/MAX CEO Steve Craggs. Despite bullish pre-launch hype (three news articles June 16–17), the massive 24h drop aligns with a common “sell-the-news” pattern where traders exit positions post-catalyst. The 25% 1h rebound suggests short-term traders may be capitalizing on oversold conditions