Treehouse (TREE) has reached a significant milestone with over $500 million in Total Value Locked (TVL), sparking debate about whether this is the start of a long-term rally or short-term hype.
*Key Market Insights:*
- *Price Action*: TREE surged 30% to $0.60 on August 1, then retraced to $0.53 due to profit-taking. A potential cup-and-handle formation could target $0.75 if buying pressure holds.
- *Binance Boost*: TREE is now accepted as collateral for Binance loans, increasing liquidity and demand, but also potentially leading to sharper price swings.
- *Airdrop Impact*: A $750k airdrop to ETH stakers resulted in a 42% dump post-listing. Upcoming token unlocks may add pressure.
*Predictions:*
- *Short-term*: TREE may fluctuate between $0.2854 and $0.3916, with ROI potential of 11%–55%.
- *Long-term*: Bullish outlook with possible highs of $1.77 and strong growth potential if momentum continues.
*Current Snapshot:*
- *Price*: $0.3634
- *Weekly Growth*: +14.08%
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Some predictions suggest Treehouse could reach $0.768885 by 2025, with potential growth of 98.86%. However, the cryptocurrency market is highly volatile, and thorough research is essential before investing ².
To position ahead of the next possible rally, consider tracking breakout potential and risk factors closely. You can buy and trade TREE on various platforms.
