Talk about $YALA this coin, you really need to be cautious recently.
Starting with the technical aspect, there have been security issues with the cross-chain bridge before, which is quite serious. The problem is that the team’s subsequent rectification efforts show no substantial action; vulnerabilities have not been genuinely fixed, and hidden dangers still remain.
Looking at market data, the price has been generally trending downward for over a month, and even more concerning is the shrinking liquidity. On-chain data also shows a significant drop in trading volume, with fewer and fewer funds willing to take the other side. Under these circumstances, it might not even be easy to successfully sell out.
In summary, this coin currently carries considerable risks, both technically and in market performance, which seem unstable. If you hold positions, it’s advisable to observe more and avoid blindly increasing your holdings.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Talk about $YALA this coin, you really need to be cautious recently.
Starting with the technical aspect, there have been security issues with the cross-chain bridge before, which is quite serious. The problem is that the team’s subsequent rectification efforts show no substantial action; vulnerabilities have not been genuinely fixed, and hidden dangers still remain.
Looking at market data, the price has been generally trending downward for over a month, and even more concerning is the shrinking liquidity. On-chain data also shows a significant drop in trading volume, with fewer and fewer funds willing to take the other side. Under these circumstances, it might not even be easy to successfully sell out.
In summary, this coin currently carries considerable risks, both technically and in market performance, which seem unstable. If you hold positions, it’s advisable to observe more and avoid blindly increasing your holdings.