Before the listing of $BROCCOLI714 , the community members of 714 were typically managed by a few major holders, leading retail investors in so-called community 'construction.' This community structure is a major taboo for meme communities, especially when the core CTO members are primarily major holders. These major holders often have holdings worth millions, and once their investment doubles, they cash out immediately. Currently, several of the managers have already cashed out, leaving most of the retail investors stuck at the peak and mid-level prices.
Looking at the recent daily charts of the listings, it can be seen that the closing prices are increasingly approaching the lowest point each day. This reflects the market's extreme bearish sentiment towards this currency. The community structure centered on domestic members has also somewhat discouraged foreign investment.
Currently, the development of 714 is beginning to fall into chaos as these core major holders exit. Its community development mainly revolves around charitable speculation, with little substantial promotion of meme culture development and official project collaborations.
In the current situation, the retail investors who continue to believe in the development of 714 seem to think they will be the number one dog on BSC. However, the market and large funds do not appear to show interest. The community structure controlled by major holders and the deviation from the essence of meme community development has left the future development of this community filled with uncertainty, and how it will evolve still requires ongoing attention.
The main reason for the sudden fall of $USUAL may be the fake airdrop information released by a fake account on X 5 minutes before the fall. The account pretended to be the usual official and posted a phishing link under the official message to lure people who didn't know what was going on to log in to their wallets and steal their assets. Many people chose to sell immediately after seeing the airdrop information without thinking, which triggered a short-term market panic.