Treehouse ($TREE ) has grown by 3.47% in the last 24 hours, outperforming the overall growth of the cryptocurrency market by +2.54%. This growth stands out against a weekly decline of 20.7% and a monthly drop of 68.6%. Main reasons:
Listing on Bithumb (positive factor) – On August 8, the South Korean exchange Bithumb added the trading pair TREE/KRW, making it easier to access the coin.
Technical rebound after oversold conditions (mixed effect) – The RSI14 index at 26.22 indicates strong undervaluation, which has attracted short-term buyers.
Renewed interest in fixed income (positive factor) – The media has once again focused on DOR and tAssets Treehouse as tools for stabilizing yields in DeFi.
The growth of $TREE in the last 24 hours is due to tactical purchases after the listing on Bithumb, a technical rebound from oversold levels, and renewed interest in the fixed income niche in DeFi. However, with a market capitalization of $52.4 million and a 68% drop over the month, sustainable recovery will require broader adoption of fixed income DeFi products.
What to watch: can $TREE hold above $0.35 as Bitcoin dominance continues to rise (58.56%)? #Treehouse @Treehouse Official