#Home
HOME has been live for a week and has already seen many waves of selling! New coins typically experience a drop upon launch, not to mention the sell-off from profit-takers.
What is HOME coin?
The full English name of HOME coin is Defi App. Through DeFi.app, users can purchase tokens on any blockchain, conduct "instant, one-click" cross-chain transactions, access decentralized derivatives markets, and gain profit opportunities—all without paying gas fees or building bridges.
Reasons for the decline of HOME coin:
Poor overall environment: BTC is stagnant, altcoins are collectively crashing, and new coins like HOME can't withstand it.
Airdrop sell-off: After launching on Binance, those who took advantage of the airdrop sold immediately, causing significant short-term selling pressure.
Whales offloading: Large holders are aggressively selling in the range of 0.035-0.04 USD, directly breaking through support levels.
FUD panic: The SEC has threatened to regulate cross-chain DeFi, scaring the market, with HOME being the first to suffer.
What to do in the future?
In the short term, we need to see if 0.02 USD can hold; if it breaks, it may continue to fall.
Long term looks okay; high TVL, many users, waiting for positive news in the second half of the year.
Summary from the crypto community:
"New coins get hit first upon launch, don't rush to bottom fish, wait until Bitcoin stabilizes before making a move!"
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