TREE has just crossed the half billion dollar milestone in total value locked, generating a lot of buzz. But is this the start of a strong rally or a short-lived pump before a drop? Let's break down the key points so you can make your decision.
@Treehouse Official now claims over $500 million locked, but market sentiment is mixed.
What's happening:
🔹 1. Price Spike, then Pullback
August 1, $TREE $0.60 (+30%) exceeds but returns to $0.53 as traders take profits. The chart shows a classic cup-and-handle pattern — if buyers jump in again, we could move towards $0.75.
🔹 2. Binance Loan Boost
Tokens have been enabled as collateral for Binance loans. This could increase demand and liquidity but may also lead to sharp price fluctuations.
🔹 3. Airdrop Sell-off Risk
$750,000 worth of $TREE ETH was airdropped to stakeholders. After the listing, the price dropped by 42%, and additional selling pressure could arise as more tokens enter the market.
What to watch for:
If the TREE ecosystem continues to grow rapidly, it could absorb selling pressure. Once staking begins, the price may stabilize — or remain volatile.
| @Treehouse Official Official |
