Why did it plummet quickly $PROVE after its listing?
Dump of early investors after listing: Many participants who received the airdrop or bought early took the opportunity to sell after the debut on Binance Alpha → strong downward pressure.
The classic "pump-and-dump" in new listings: Tokens recently listed on Binance tend to rise first and then fall sharply.
Massive airdrop activates automatic selling: The distribution of millions of tokens to holders generated significant liquidity and sold quickly.
High volatility typically associated with hype events: Listing on Alpha generates initial expectations, but without sufficient backing of solid volume, the momentum can reverse soon.
