$POWER
🚨📢 power fall ,Someone fell into a trap and lost $20,000 because he ignored market news 🚨
The POWER (Power Protocol) token experienced a dramatic collapse, dropping over 90% from its recent all-time high of around $2.46 just days ago, as part of a broader crash 📢
The recent leg from $0.3 to 0.167 stems from intensified selling pressure 🧐
Main Reasons 🧐⬇️
Large Token Transfers to Exchanges:
Addresses linked to the team or insiders deposited ~30 million POWER tokens (valued at $16–30 million at the time) onto CEXs shortly before the crash
This sparked widespread fears of a rug pull or coordinated dump, triggering panic selling and cascading liquidations
Temporary Pause of Ronin Bridge:
Ronin (the main network for the GameFi project) faced a brief halt, creating a significant price gap between on-chain prices and centralized exchanges ,This widened arbitrage opportunities but fueled panic in a low-liquidity market
Upcoming Token Unlock on March 5, 2026: 12 million POWER (1.2% of total supply, worth ~$23 million) is scheduled for release tomorrow, adding anticipated selling pressure that the market began pricing in early
Prior Overhyped Pump + Thin Liquidity: The token surged 10–20x+ rapidly due to GameFi hype, but with low liquidity, any major sell-off caused a cascade liquidation effect
Trading volume exploded (billions of POWER), mostly from panic selling 🙄
Current Status: Price fluctuates around $0.16–$0.17, with heavy bearish sentiment—many label it a scam or grift , The team denies direct involvement and is investigating, but trust has been severely damaged 🤔
Advice: Extremely high risk right now—wait for stabilization or positive news before any action ,No guarantees of quick recovery in this fragile setup ✅️