๐จ Why is $BOB crashing after the hype? ๐ค
BOB pumped hardโalmost +87% in a single day before its Binance Futures listing on June 5. But now it's dumping fast. Here's why:
๐ป 1. Profit-Taking After the Pump
BOB went viral โ traders jumped in โ early holders cashed out. Wallets dropped from 115K to ~39K! Massive sell pressure hit hard.
๐ 2. Whales Are Dumping
Big holders took profits after the 30ร pump. Once one whale exits, others follow โ cascading sell-offs & liquidations.
๐ง 3. Liquidity Drop From Bybit Delisting
BOB got delisted from Bybit in April. Fewer places to trade = more fragile price action. Less liquidity = sharper dumps.
๐ตโ๐ซ 4. Meme Coin Cycle in Full Swing
Like most memes, BOB rides hype. No strong fundamentals = pump & dump. Rumors of dev inactivity also hurting sentiment.
๐ TL;DR
BOB is experiencing a classic memecoin correction. Unless fresh hype or dev updates come, expect more volatility ahead.
๐ Trade smart. Watch whale moves. Set stop-losses. Donโt FOMO. ๐ง
#BOB #Crypto #Memecoin #BinanceFutures #DYOR