TREE just crossed $500 million in Total Value Locked, and traders are asking the big question: Is this just hype or the start of something huge?
Hereโs the breakdown:
๐ Price Action:
Pumped +30% to $0.60 on Aug 1.
Pulled back to $0.53 after profit-taking.
Chart shows a cup-and-handle โ could push to $0.75 if buyers step in.
๐ฆ Binance Integration:
Now accepted as collateral for loans on Binance.
Could boost demand & liquidity โ but expect bigger price swings.
๐ Airdrop Impact:
$750K airdrop to ETH stakers caused a 42% crash after listing.
More token releases could bring extra selling pressure.
๐ฎ Price Outlook:
Short term: $0.28 โ $0.39 range possible.
Long term: Bullish case points to $1.77 highs.
Current price: $0.4124 (down 3.41% today) ๐.
โ ๏ธ Pro Tip: Watch for market shifts and manage risk โ hype can vanish fast.