MMT skyrocketed from a presale price of $0.10 to $4.16, but now it has fallen to $0.12, a decline of over 96%! What is the reason behind this?

1️⃣ Early profit-taking frenzy: Airdrop recipients (7.5 million tokens) + suspected dump by project team wallets, combined with a 114 million leverage long liquidation, directly triggered a chain reaction of panic;

2️⃣ Massive unlocks crushing the market: Nearly 800 million tokens, 79.59% of the total supply, will be unlocked within 12-24 months, with continuous selling pressure like a flood;

3️⃣ Ecosystem competition + capital rotation: Sui chain DEX competition, Bitcoin's "vampire effect," market fear index dropping to 28, capital fleeing to BTC, small and medium tokens collectively cooling off.

Thinking of bottom fishing now? Technical breakdown and selling pressure dominate. Let's wait until this bear market is over!