#BOB The price of BOB (Build On BNB) has significantly decreased due to a massive sell-off by a whale – that is, a wallet that holds almost 9% of the total supply. This sale triggered panic among small investors and led to a decrease of approximately 34%.
🔍 Why it dropped
Massive sell-off by a whale: A single entity holding a large volume decided to sell, causing a rapid price crash.
Panic among retail investors: Following this drop, many small investors sold in panic, amplifying the price fall.
Overbought technical indicators: RSI has entered the oversold zone, indicating strong selling pressure.
📈 Current situation & outlook
After the crash, the price found support around $0.00001387 and has recovered to approximately $0.0000945, although it is still declining over 24 hours (≈ -10%).
The potential for recovery depends on:
1. Stopping the sales by the whale,
2. Regaining the community's trust,
3. The emergence of new catalysts – partnerships, news, listings, etc.
🧭 What to watch next
Indicator What it would mean
Whale behavior If they stop selling, the pressure eases.
Technical indicators (RSI, support) If RSI comes back from the oversold zone and the price stays above support, a recovery may begin.
New news & listings A positive announcement (e.g., listing on a major exchange) could quickly change market sentiment.
💡 Conclusion
BOB has slipped due to major selling by a whale and the panic effect among investors. If these sales stop and positive technical and fundamental signals emerge, the token has recovery potential. However, it remains a high-risk investment, dependent on a few major players and the context on Binance Smart Chain.$BNB
