$TREE – Price dropped 4.27% in 24h and is down 23.5% this week. 📉
🔹 3 Reasons for the fall:
1️⃣ Airdrop selling: Many early users sold tokens after the July 29 launch. More unlocks are coming on August 6, which may add pressure.
2️⃣ Bearish traders: Funding rates went negative, meaning more people are betting on a drop.
3️⃣ Weak altcoins: Bitcoin is taking most of the money in the market, leaving less for TREE.
TREE has strong TVL ($500M), but selling pressure is still high.
Staking rewards (50–75%) could help if ETH yields rise.
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