$๐ง๐ฅ๐๐ ๐๐ถ๐๐ ๐๐ฎ๐น๐ณ ๐ฎ ๐๐ถ๐น๐น๐ถ๐ผ๐ป ๐๐ผ๐ฐ๐ธ๐ฒ๐ฑ ๐ฅ๐ฎ๐น๐น๐ ๐๐ต๐ฒ๐ฎ๐ฑ ๐ผ๐ฟ ๐๐ ๐ถ๐ ๐ฃ๐๐บ๐ฝ?
$TREE just crossed the half-a-billion TVL mark, and everyoneโs talking about it. But the real question is is this the start of a massive rally or just another quick pump before a dump? Letโs break it down so you can decide for yourself.
@Treehouse Official has crossed $500M locked value, but the market isnโt fully convinced.
Hereโs whatโs going on:
๐น 1. Price Jump, Then Drop
On August 1, price went over $0.60 (+30%), but people took profits and it fell to $0.53.
Traders are cautious, but the chart shows a cup-and-handle pattern. If buyers return, price could go to $0.75.
๐น 2. Binance Boost
Binance now lets people use TREE tokens to get loans.
This can bring more demand and liquidity but can also make prices move sharply.
๐น 3. Airdrop Selling Risk
$750K worth of TREE was given to ETH stakers.
After listing, the price dropped 42%, and more tokens in the market could cause more selling.
What to Watch:
If TREEโs ecosystem grows fast, it could beat the selling pressure.
When staking starts, price might become stableโฆ or keep swinging.