$ESP — The VC Bubble is Popping! 📉
The "New Listing" hype has officially vanished. $ESP is showing classic VC-coin behavior: a quick pump to trap retail, followed by a relentless decline.
Key Red Flags:
🚩 The Dump: After peaking at $0.094, we’ve seen a -30% drop in days.
🚩 Tokenomics Trap: With ~80% of tokens waiting to be unlocked, the "sell pressure" is a ticking time bomb.
🚩 Market Reality: Valued at nearly $1B FDV, but the actual market cap is struggling below $300M. The bubble is deflating.
Technical Outlook:
The chart is screaming bearish. We are currently testing $0.067 support. If this breaks, get ready to see $0.050 very soon. Don't be the exit liquidity for big players.
Stay safe, trade with a plan! 🛡️
ESPUSDT
Διην.
0.06763
-7.45%