This week I thought the same thing, but as usual... the scenario is critical for these two currencies and I accepted the loss. They are in Earn and when the value I paid for them reaches, I'll sell!
Hoeurm Heng
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🚨 $BIO Protocol in Freefall – What’s Happening? 📉 BIO Protocol has seen a massive price collapse over the last 15 days, plunging from $0.70 to $0.23, marking a staggering -67% drop. On average, the coin is losing 10-20% daily, raising serious concerns among retail investors. 🔍 Key Issues: 1️⃣ Token Release Pressure: The team/dev/founder continues releasing coins daily. 2️⃣ Market Confidence: With such significant daily drops, retail confidence is eroding. 3️⃣ Rebound Challenge: To return to $0.70, BIO Protocol would need a +200% surge, which seems highly unlikely given its current trajectory. At best, recovery to $0.35–$0.40 (a +50-70% gain) is plausible if market conditions improve. ⏳ Projections: If this trend persists, BIO Protocol could drop to $0.077 within 7 days, a near -99.99% decline from its peak. 💡 What’s your take on BIO Protocol’s future? Is recovery possible or is this the end? 📢 Follow me for more real-time updates on crypto trends and analysis. $BIO
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