โก What's Behind $AEVO's Massive Dump? Can it Bounce Back? ๐ฅ
๐ $AEVO is experiencing significant dumping, sparking concerns about its recovery potential.
๐ Yesterday, over 800M tokens were unlocked, flooding the market and contributing to the dump.
๐ผ The recent conversion from $RBN to $AEVO has also fueled selling pressure, with addresses offloading the token in large quantities.
๐ฐ In the past 24 hours, over $44 million worth of $AEVO has been sent to centralized exchanges, a staggering 715x increase compared to the recent average.
๐ As a result, AEVO has plummeted nearly 30% in the past day, raising doubts about its short-term performance.
Despite the current challenges, investors are closely monitoring AEVO's price action, hoping for signs of a potential recovery. ๐๐ผ
