$HYPER $HYPER Tank Looks Like Delisting Coin

The case of HYPER, despite being a new listing on Binance, shows price behavior similar to coins facing delisting such as $VIB and $WING.

After its listing, people usually expect prices to rise due to increased visibility and trading opportunities on such a significant platform. However, a significant price drop of 26.03% suggests potential challenges. This may 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 downward trend, combined 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 generated by the listing.