Summary: Somnia (SOMI) Market Price Crisis
Token @Somnia Official ( $SOMI ) is currently in a period of brutal price correction after experiencing a meteoric rise post-launch and listing on major exchanges (Binance, KuCoin) in early September 2025. This is not a project failure, but rather a classic battle in the crypto market: Hype vs. Reality of Tokenomics.
1. The Peak and The Plunge
* The Hype: SOMI surged to All-Time High (ATH) $1.84 (around early September) driven by the euphoria of the mainnet and claims of 1 million TPS.
* The Plunge: Massive Profit-Taking action from early investors and airdrop recipients floods the market. Prices plummet over 60% from ATH.
2. The Source of Distrust (The Trust Killer)
* Open Interest (OI) Plummets: Trader interest in the futures (derivatives) market has dropped by more than 50%. This is the clearest signal that short-term confidence is disappearing.
* Focus on Tokenomics: The market is starting to worry about the aggressive Token Unlock Schedule. Despite the advanced Somnia technology, the risk of oversupply is becoming the main focus for investors.
3. The Real Test: November 2025 (The Big Test)
* This price crisis is just a warm-up. The real test is ahead: November 2025.
* In November, most airdrop tokens (about 80%) are scheduled to be unlocked. This could potentially trigger a new wave of significant selling pressure, testing whether the demand and Somnia's deflationary fee burn mechanism are strong enough to absorb the incoming supply.
Currently, SOMI is struggling to maintain its critical support level, seeking stability amid still depressed market sentiment.
Would you like to know the technical analysis of the support levels that Somnia needs to maintain, or focus on the latest ecosystem developments that could drive recovery?
