You really think that coin is going to the moon? Avacoin listing is now more than 24 hours but I'm surprised that it couldn't make $1M trading volume, you really think that coin will be going to the moon? This one is going to hell
because the people are crying on the group that the project wasted all their time and effort for nothing and it's painful how Ton Ecosystem is turning to right now.
Well, you nailed the downtrend, it was $0.0007479 then it's $0.0001477 now and with the TON news probably dumped even further.
That's a huge gamble. Why would you bet on them gaining momentum when they failed to do so when the hype for Telegram farming is there? On the other hand, it should be expected that new projects who tried hard to follow successful ones will turn to dust sooner or later. Things are valuable when they are rare, just like how Solana airdrop farming or other airdrop activities in the past.
There is no more money to flow into those, too many hypes in such a short timeframe, bitcoin with runes and nft, solana with meme coins, ton with tap games, all are producing stuff and demanding money to keep the value and expectations up while the inflows are not yet here.
The writing on the wall was here the moment the ETH ETF failed to move the markets with expected billion inflows, these projects are financed with recycled funds, way too little to see earth-shaking movements.