Selling pressure is mounting on MEGA, down roughly
↘13%
over the past week as sellers outnumber buyers by about 1.8-to-1 and trading activity falls sharply.
Multiple warning signs emerging
The asset declined roughly
↘13%
over the past week while its market value dropped approximately
↘5%
in the past 24 hours, with sellers clearly dominating as the sell-to-buy ratio hit 1.8-to-1.
Trading activity declining
Monthly trading volume collapsed roughly
↘62%
while the number of active traders decreased approximately
↘50%
over the past 24 hours, signaling fading interest.
Structural concerns remain
With liquidity at just 0.10% of market value, trades may face higher costs, while only 11.3% of total supply is currently available, meaning significant future dilution is possible as more tokens enter circulation.