🚨 $TOWNS drops 50% post-listing!

📉 Price fell from $0.08878 to $0.038–$0.040

💸 Market cap halved to $84.8M

📊 Liquidity scattered across USDT & USDC pairs

🗓️ August 6 unlock triggered sell pressure

🏦 Backed by a16z & Coinbase Ventures, but hype faded fast

📉 Volatility remains high (24h range: $0.0246–$0.075)

#VolatilityAlert🔥

🎯 Support: $0.038–$0.040 | Resistance: $0.052 / $0.065

📉 Oversold indicators = Possible short-term bounce

⚠️ High-risk zone — trade with caution!

#TOWNS #AltcoinWatch #CryptoNews #TokenUnlock #VolatilityAlert