$DEXE The AI-DAO Giant Shows Cracks! 🚨
After a massive run to $49.40, **$DEXE ** is facing a reality check, currently trading around **$34**. Whales are actively selling, with a positive net flow of tokens to exchanges over the past few days signaling strong distribution . The broader market weakness isn't helping—DeFi sector is down over 5%, with $DEXE dropping another ~5% .
While the protocol is solid with a $1.7B TVL, the top 10 wallets hold a staggering 96% of the supply, creating significant centralization risk . This could amplify any sell-off.
What's Next?
A drop below $30 is possible if selling pressure continues . However, a hold above $37-$40 could invalidate this bearish outlook .
Watch the whales! 📉
Is this a buying opportunity or a warning sign? Drop your takes below! 👇
#dexe #crypto #altcoins #AI #BinanceSquare
After a massive run to $49.40, **$DEXE ** is facing a reality check, currently trading around **$34**. Whales are actively selling, with a positive net flow of tokens to exchanges over the past few days signaling strong distribution . The broader market weakness isn't helping—DeFi sector is down over 5%, with $DEXE dropping another ~5% .
While the protocol is solid with a $1.7B TVL, the top 10 wallets hold a staggering 96% of the supply, creating significant centralization risk . This could amplify any sell-off.
What's Next?
A drop below $30 is possible if selling pressure continues . However, a hold above $37-$40 could invalidate this bearish outlook .
Watch the whales! 📉
Is this a buying opportunity or a warning sign? Drop your takes below! 👇
#dexe #crypto #altcoins #AI #BinanceSquare