$REI @REI Network|From #GXChain! @Binance Announcement #cz #BTC走势分析 #bitcoin #altcoins REI Network's Price Action Raises Concerns Among Investors
As buying pressure increases, REI Network continues to face significant sell-offs, undermining any hopes for a sustainable uptrend. The token appears to have become the plaything of a few whales, leading to increasingly erratic price movements.
Despite technical indicators and market data suggesting that REI should have found solid support around the $0.06 level — especially after previously reaching $0.30 — its value has sharply declined. The situation worsened after Binance added REI to its watchlist, with the token plunging to as low as $0.013.
Instead of addressing these concerns, the REI Network CEO and team have remained notably passive, seemingly trying to absorb the impact rather than intervene. This lack of action has significantly eroded the project’s market value and investor confidence.
Many long-term holders have grown tired of the ongoing instability, as evidenced by the spike in short-term trading activity. Unless the REI team takes clear, strategic steps to stabilize the project and restore trust, a meaningful recovery remains unlikely.