Not financial advice. Do your own research! 1. Devs made proposal to UNLOCK 10 millions #SEAM to dump on the market. 2. Check Seamless protocol twitter (X), it recently remove bio and lose "blue sticker". Overview: a. Seamless Protocol has relatively low liquidity. b. The Total Value Locked (TVL) has been continuously decreasing due to a lack of users. c. The daily sell pressure is quite strong, while the demand to buy is low, which leads to a decline in price over time.
Ex: - successful projects typically have strong engagement on their social media platforms, where they regularly post updates about technology, development progress, and achievements. In contrast, this project only posts random content. It seems like Seamless Protocol may be neglecting the project. 80k Followers, but all bots. Posting repeat contents. - another similar project and SEAM will follow with 98% drop: check XXCN - Ponzi scheme called a reward project with massive unlock rate and no backers, no fundraising, no community.
Finally, You should keep in mind that during an uptrend, not all projects will succeed, and if you choose the wrong one, you may end up with nothing. Everyone should carefully consider and be cautious with this project.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.