The recent sharp drop in OG Fan Token is primarily driven by market mechanics, not project failure.
🔹 Main cause
Heavy leveraged long positions were liquidated in a low liquidity market, triggering a cascade of forced selling.
🔹 Why the dump looked extreme:
Thin order books amplified price movement
Lack of strong spot buyers to absorb sell pressure
Overall weakness in the fan token sector
Broader crypto market risk-off sentiment
🔹 What it is NOT:
❌ No confirmed rug pull
❌ No insider scandal or team exit
❌ No fundamental collapse announcement