TLM is now 0.00166u. Over the past two days, it has bounced up from this year’s low point, and the rebound is still not small.

First, let’s talk about this coin’s background. During the 2021 on-chain gaming mining craze, it was one of the hottest projects. Players mined coins and really managed to get things going for a while. But the flaw in this model is obvious: mined coins get sold, and the price can’t hold up for the long term.

It only made a new all-time low of 0.0008u on July 1, which is just half a month ago. Now it’s rebounded by more than double, suggesting some capital is betting on this oversold rebound.

But it’s still far from the all-time high of 0.92u. This dip was dug too deep; you can’t fill it back up just by a rebound.

In this rally, I didn’t see any new news driving it—purely a technical correction after it fell too hard. When short-term sentiment comes in, people step in to take the bids.

The problem with old games coins is never that no one plays. It’s that once players make money, they run. Supply pressure stays there long-term—don’t take this rebound as the start of a turnaround#PreIPOs第二期OpenAI认购 $TLM