POWER (POWER)

$POWER | Sudden 90% Collapse After Heavy Exchange Deposits $POWER (@PowerPrtcl) has dropped more than 90% from its recent high, catching many traders off guard. On-chain data shows that project-linked wallets have deposited around 30M $POWER to exchanges over the past 14 hours, creating strong sell pressure as tokens flowed into Bitget and MEXC. Notably, our team had already flagged early warning signals on Feb 27, when Amber Group wallets began depositing $POWER during the rally, suggesting potential distribution ahead. This move once again highlights how early on-chain signals from major entities can provide valuable warnings before major price moves unfold.

The current market no longer allows project teams or market makers to keep pushing the price up and dumping, because liquidity is insufficient. Most market makers cannot push up; consequently they can only choose to dump downwards. Meanwhile, everyone is full of fantasies about buying the dip. Whether you are buying the dip of $POWER or $BULLA, it’s the same. Those who love buying the dip think there’s an endless bottom; they imagine the price will rebound, at least a little, but the result is an endless hell. You’ll find that the best projects are actually those with a market cap of 30‑50 M, while projects of 300‑500 M are very difficult. Good luck to yourself; today’s market makers are all shrewder, and what they most want to do is provide market‑making for high‑market‑cap projects, and once they get the tokens they just dump them all the way down 😂.

Most chains chased TVL. Ronin chased players. While the market obsessed over: • Liquidity mining • Points farming • Short-term incentives Ronin focused on something harder to build, games people actually keep playing. The results are starting to show 👇 • Cambria → $150M+ in wagers, pure skill-based economy • Fableborne → $POWER rebounded, PvP-first design driving engagement • Pixels → one of the few sustainable play-and-earn economies • Fishing Frenzy → contribution > bot farming • Moku → franchises, tournaments, competitive gaming layer • Axie Infinity → shifting toward skill-based progression Play because the game is good and when games are good, the economy follows.

It can be seen that $POWER’s dumping method is to pump while shorting, then finally smash the spot holdings to complete the dump. The question is, does this blow up Binance’s insurance fund? 😂 After a few days of being a star and then cashing out, it doesn’t look good, and the MM that want to slowly operate are finding it hard to get things done. However, recently $BULLA and $SIREN have been performing the same, and indeed some people are playing this. The recently slowly pumped $SAHARA, $KITE, $BARD all look very familiar. Now it’s all a game of betting.

In response to events occurring over the past 48 hours, there are some things we would like to address. On December 11th, 30,000,000 tokens were transferred to a partner to provide liquidity in case of unexpected volume surges and potential additional trading venues. These tokens were moved into exchanges on March 3rd without consent. This is a matter we are actively and thoroughly investigating. Nothing has changed when it comes to the development of Fableborne and Power Protocol. We remain committed to the vision and execution on both sides that we have built for years. Fableborne Season 5 is still on schedule and we are still building exciting new initiatives with Power Protocol that are on track. The same vision and team many in our community have supported for years, remain unchanged. Our goal has always been to grow alongside our community. From burning the un-minted supply of Fableborne Primordials NFTs in 2023, to providing close to $1m in USDC to our holders at TGE, along with many other e