๐ Treehouse $TREE โ Airdrop Hype Meets Harsh Reality
Price: $0.53
Market Cap: $70M
Circulating Supply: 186M TREE (18.6%)
TVL: Nearing $500M
Exchanges: Binance, Coinbase, OKX
Latest Moves:
1. Binance Airdrop Backfires โ TREE plunged 46% post-launch despite major listings
2. Security Warnings โ Fake contracts flagged amid rising adoption
3. Do Kwon Connection โ Pre-arrest investor link stirs controversy
4. Fixed-Rate Yield Model โ DOR protocol offers 3.25% APY, targeting TradFi crossover
๐ Technical Breakdown:
Broke 50% Fibonacci retracement at $0.47
RSI at 28 = oversold bounce potential
Next support: $0.32 unless $0.43 flips bullish
Narrative Watch:
Treehouse is building DeFiโs fixed-income layerโbut post-airdrop volatility, cliffing unlocks, and regulatory shadows are testing investor conviction. To justify its $400M FDV, Treehouse must push TVL past $1B and prove real institutional traction.