✅💯OpenLedger (OPEN) fell 3.66% over the past 24h, extending its 14.71% weekly decline despite a 41.23% 30-day gain. Here’s why:

👉Profit-taking post-listing surge – OPEN’s 200% rally after its Binance debut on 8 Sept triggered sell pressure as early investors cashed out.

👉Airdrop sell pressure – 10M OPEN tokens distributed via Binance’s HODLer Airdrop (1% of supply) likely contributed to increased circulating supply.

👉Technical weakness – Oversold RSI (24.81) and price below key moving averages signal bearish momentum.

✅OpenLedger Review

OpenLedger is a blockchain infrastructure purpose-built for the creation of specialized, Sector-Specific language models. It builds a diverse ecosystem of tools and services to provide developers access to more qualitative data and allow them to make more qualitative AI agents. 

This ecosystem comprises a few core components:

✅Data Intelligence Layer: An emerging repository and pool of structured, enriched, and organized internet-sourced data collected via the OpenLedger extension. It is a core part of the ecosystem and enables AI developers to acquire this data and train new AI models;

 

✅OpenLedger L2: An Ethereum L2 network built via OP Stack, acting as a backbone to the economic model of the protocol. It is used for verifiable data attribution, crypto bonding, and a sustainable AI-driven economy;

 

@OpenLedger #openledger $OPEN