🔸️ Price Analysis of the B Token and the Reasons for the Decline 🔸️
$B
BUSDT
Perp
0.1842
+0.98%
👈 The price of the BUILDon (B) token has decreased by 11.20% in the past 24 hours, surpassing the overall performance of the cryptocurrency market (-0.86% weekly). The main reasons for this include: technical crashes, a decline in the token's momentum, and profit-taking.
Breakthrough of the technical support level: The price fell below the critical Fibonacci level ($0.173), leading to automated sell-offs.
Shift in the cryptocurrency sector: Capital shifted from cryptocurrencies linked to the BNB chain, such as B, to trending cryptocurrencies (artificial intelligence, quantum computing).
Whale activity: Large wallets reduced their holdings amid declining enthusiasm for the one-dollar stablecoin partnership.
$FLOW
FLOWUSDT
Perp
0.05305
-5.40%
$IR
IRUSDT
Perp
0.06457
+6.55%