📉🌳 TREE Takes a Tumble! Why Did Treehouse ($TREE ) Crash 50% After Binance Airdrop? 🚨💔
😱 Airdrop Turns Sour
TREE, the native token of Treehouse, plunged 50% right after launch — even with a much-hyped Binance airdrop 🌪️🎁. Usually, Binance airdrops pump prices 🚀, but this time, TREE tanked instead, sparking panic selling.
💡 What Happened?
📊 Max Supply: 1B TREE tokens
🔓 Only 186M (18.6%) in circulation – rest will unlock gradually
🏦 Listed on Binance, Coinbase, OKX & more
🎁 Binance Airdrop: Up to 100 TREE for eligible users
Yet, despite all this, bears took control 🐻, pushing TREE to $0.53 📉.
🔥 Market Reaction
Trading volume spiked 200% to $350M 💥, but instead of lifting the price, it signaled heavy selling pressure. Analysts warn that if this continues, TREE could sink further toward $0.30 🕳️.
📈 Can TREE Bounce Back?
🟢 RSI rebounded from oversold levels 📊 – hinting at a possible short-term recovery
🎯 If bulls return, TREE could retest $0.76 and maybe push toward $1
⚠️ What’s Next for TREE?
With more token unlocks coming and the market still shaky, TREE holders are watching closely. Will the Binance listing eventually turn bullish, or will bears drag TREE even lower?
🌳 Final Thought:
TREE’s launch was supposed to mark a new era for DeFi analytics 🌐📊 — but the 50% crash shows the road ahead might be rough. Can Treehouse rebuild trust and price momentum? Only time (and volume) will tell!