$SHELL on Binance: Down 80% in 6 Weeks
If you bought $SHELL when it launched on Binance Launchpool in late February, you’re now down ~80%.
In just a month and a half, the hype turned into a harsh lesson.
Why does this keep happening?
Because token launches aren’t built on fundamentals—they’re built on incentives.
As long as there’s some liquidity and some trust, a token can be sold.
It’s not about value—it’s about finding the next marginal buyer.
Case in point:
$SHELL launched with
Market Cap: ~$140M
FDV: ~$700M
Now:
Market Cap: ~$38M
FDV: ~$140M
Did fundamentals change that much?
Not really. But someone still profited on the way down.
Because in this game, it’s often not about value—
It’s about timing the exit.
And for retail with a short memory, the cycle always restarts.
Next? Probably another shiny token.
#CryptoMarkets #BinanceLaunchpool #Tokenomics #Altcoins #DYOR