Treehouse Airdrop Turns Sour: $TREE Drops 46% Despite Big Exchange Listings
What started as a promising debut for Treehouse’s native token, $TREE, quickly turned into a rough ride. Within just 24 hours of launch, the token plunged 46%—a surprising reversal for what many expected to be a bullish post-airdrop run.
The decline began just as Binance announced a major airdrop campaign, typically a catalyst for excitement and buying pressure. But instead of a rally, the market saw a rapid surge in trading volume and claimable tokens. Many early recipients rushed to cash out, flooding the market and triggering a sharp sell-off.
Out of the total 1 billion TREE tokens, only around 186 million (about 18.6%) are currently in circulation, with the rest locked in a vesting schedule. Still, that wasn’t enough to slow down the wave of selling.
Despite launching on major platforms like Binance and Coinbase, $TREE wasn’t immune to the harsh reality of speculative pressure. The hype faded fast—and with it, the price.
Technically, bulls still have a chance. If key support holds, a move back toward the $0.76 zone is possible. But failure to reclaim lost ground could lead to further downside, especially if market confidence continues to slip.
This launch is a reminder that hype alone doesn’t carry a token anymore. Investors are looking for real value, strong narratives, and utility. For Treehouse, the path forward now hinges on delivering just that—real use cases, community trust, and long-term vision.
The recovery won’t be easy, but it’s still possible.@Treehouse Official #Treehouse $TREE