$HYPER

$HYPER Tank-like Delisting Coin

The case of HYPER, although it is newly listed on Binance, its price behavior is similar to the typical behavior of coins facing delisting such as $VIB and $WING.

After its listing, people usually expect the price to rise due to increased visibility and trading opportunities on such a significant platform. However, the significant price drop of 26.03% suggests potential challenges. This could be a result of skepticism about the project's fundamentals, poor overall market conditions, or early holders aggressively selling off due to initial excitement.

The downtrend, combined with low Relative Strength Index (RSI) levels and breaking below key moving averages, further highlights the bearish sentiment. Although new listings are generally 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 generated by the listing.