TA is the world's first protocol for creating a trusted identity network for 'humans + AI agents', using a dual verification system of 'human identification + intelligent verification'. It has helped over 3 million users complete 2.5 million on-chain authentications, with 300,000 to 500,000 monthly active users, ranking first on the Linea chain and third on the TON chain.
In simple terms, the sharp decline of TA tokens today is likely the result of the previous hype fading away, positive news being fully priced in, coupled with a poor overall market environment, leading to a collective sell-off by investors.
The most likely scenario is that the TA project may have previously released a significant positive announcement (for example: about to launch on a major exchange, collaboration with a well-known project, or a major technological upgrade, etc.). This news was anticipated by the market, driving the price up significantly. When the news was officially announced today, early investors chose to 'sell to take profits,' resulting in massive selling pressure and a sharp decline in price.
It may also be that project parties, early investors, or 'whale' addresses holding a large amount of tokens choose to sell off a large number at high prices to cash out, directly smashing through the market's buy orders and triggering a panic sell-off.
If today$BTC and$ETH other major cryptocurrencies are also in a downward trend, it is difficult for this token to stand alone, and it usually falls harder.
Advice for fans who have already entered: If you bought in at a high price, do not hesitate, set a stop-loss point (for example: drop another 5% or break a certain key support level), and once triggered, sell immediately.
If your cost price is lower and you still have profits, it is strongly recommended to either cash out completely or take most of the profits, putting the gains in your pocket first. In a sharp decline trend, the speed at which previous profits are given back can be very fast, so do not be greedy.
In summary, the recent significant drop in this token seems more like a 'profit-taking' and 'collapse of confidence' after a previous surge. When market sentiment turns pessimistic, any small sell-off can be amplified, leading to a severe decline.
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