$ESP – Downtrend Still in Play

Selling pressure is accelerating, and momentum continues to lean bearish. VC-backed tokens often follow a familiar pattern after launch — steady decline with only brief relief rallies. That short-lived bounce now appears to be over, leaving many traders caught at higher levels.

The public round valued the project around $400M, while the current market cap sits below $300M. Meanwhile, the fully diluted valuation implies a much larger speculative premium, with a significant portion of supply — roughly 70–80% — still scheduled to unlock.

With future dilution risk and fading momentum, downside pressure remains a key factor. If trading this setup, manage risk carefully and execute with discipline. 👇$ESP

ESPUSDT

Löpande

0.07776

-0.89%