$HYPER
$HYPER Tank-like delisting coin
The case of HYPER, although it is a new listing on Binance, its price behavior is similar to that of coins facing delisting such as $VIB and $WING.
After its listing, people usually expect the price to rise due to the increased visibility and trading opportunities on such a significant platform. However, a significant price drop of 26.03% suggests potential challenges. This could be the result of skepticism about the project's fundamentals, poor overall market conditions, or early holders aggressively selling off to take advantage of the initial excitement.
The downward trend, coupled with low Relative Strength Index (RSI) levels and a break below key moving averages, further highlights the bearish sentiment. Although new listings are typically seen as a positive development, HYPER's sharp decline serves as a warning to investors to thoroughly assess the long-term viability of the coin before relying on the hype brought by the listing.