Haven1 ($H1) Plummets 40% Out the Gate—What’s Behind the Brutal Sell-Off?
Haven1’s debut turned into a bloodbath as $H1 nosedived 40% on day one—leaving crypto traders scrambling for answers. Was it overhyped marketing, weak tokenomics, or just another case of ’buy the rumor, sell the news’?
The Unraveling:
Chain data shows relentless dumping from early backers, with liquidity pools getting drained faster than a degenerate’s margin account. The so-called ’institutional-grade’ blockchain now faces its first real stress test: surviving its own investors.
Silver Lining Playbook?
Some OGs point to BNB’s 2017 launch—which crashed 70% before its 100X rally. But with regulators circling like vultures and this week’s Fed meeting looming, $H1 bulls might need more than hopium.
Welcome to crypto, where ’building for the long term’ is trader code for ’I’m bagholding.’
