Price Analysis of TOWNS: From Launch to Now
TOWNS was listed on Binance on August 5, 2025, after an Airdrop distribution for BNB holders. The opening price started strong at around $0.042 due to the hype, with high liquidity from the airdrop and early trading.
🔻 During the first hour, the coin experienced a quick correction down to about $0.028 due to natural selling pressure from recipients of the free distribution. However, what is notable is the gradual return of the price towards $0.035–$0.037 supported by good trading volume.
**Price Behavior Pattern:
Sharp launch (volatility spike)
Quick decline due to profit-taking
Relative stability with initial support forming at $0.030
🔮 Short-term Outlook:
If TOWNS maintains support at $0.030 and establishes itself above $0.036, we might see an attempt to test $0.045–$0.050.
On the other hand, breaking $0.028 again could open the door for a drop towards $0.022 before any rebound.
📌 💡Note: TOWNS is still a new token, and speculation is high; monitor volume and distribution of holdings before making decisions.