$ALPACA what most likely happened 10 minutes ago was people panic sold everything and it dumped hard. Panic sold after futures closed. Spot is still holding and fighting to rise.
$USUAL colossal mess, it's just price manipulation to weed out the weak ones and force them to sell low but until when? Eventually this is gonna start pumping and hit its normal range of $1, Hodl all the way.
$USUAL the fact that this keeps getting shorted is a contributing factor to the price decline alongside the general market downtrend. I've bought this at different prices since release and continue to do so because in the long term, this will be $1 minimum if not more.
People overlook and mock such projects for whatever reasons and at the same time these people would go and buy ridiculous meme coins that work on hype without and tangible value and simply cannot be trusted in terms of price movement.