Where is the turning point?!
From the market performance perspective,$SOMI The current price is about $1.15, market capitalization is 185 million USD, FDV reaches 1.15 billion USD, and the circulation is about 16%. The 24H trading volume exceeds 530 million USD, with a turnover rate close to 3 times, indicating that funds are very active in and out in the short term.
📉 However, the price is still oscillating and declining, with a recent drop of nearly 10%, indicating that the market has some concerns about its high FDV. After all, a complete valuation of 1.1 billion USD requires more time for funds to validate the narrative for an entertainment ecosystem that is still in its early stages.
📌 From an investment perspective
Opportunity: If the team can continuously attract developers and bind with top gaming/entertainment IPs, SOMI may become an important entry point for Web3 entertainment narratives.
Risk points: High FDV and unlocking pressure combined can easily create short-term selling pressure; user retention and ecological expansion still need to be observed.
In summary, SOMI represents a new attempt in the Web3 gaming + entertainment sector, with strong narrative appeal, but the implementation and token release rhythm will be key in determining whether it can navigate through bull and bear markets.
@Somnia Official #somnia $SOMI
