๐จSBET crashes 91% in 10 days โ ETH treasury play backfires!
Via Protos:
๐ Sharplink Gaming (SBET), once the largest ETH treasury stock, plunged from $124 to under $11 post-market.
๐ฅ Why the crash?
Surprise dilution announcement
Viral tweet claims most PIPE investors dumped right after ETH strategy was revealed
Trading volume surged 10x; worst day in stock history
๐ Markets now punish "crypto narrative plays" harder than crypto itself.