Deep Dive
1. Delisting Hangover (Bearish Impact)
Overview: LION was delisted from Gate.io in May 2025 alongside 24 other tokens, removing a major liquidity pool. While the delisting occurred months ago, reduced exchange support has likely contributed to thinner order books, amplifying volatility.
What this means: Delistings often lead to prolonged liquidity droughts, making prices prone to sharper swings. Despite recent listings (e.g., LBank), the loss of Gate.io’s user base (~30M traders) may have left residual sell pressure.
What to look out for: Additional exchange listings or renewed buyback programs to counter liquidity gaps.
2. Post-Listing Profit-Taking (Mixed Impact)
Overview: LBank listed LION on August 20, 2025, briefly lifting sentiment. However, the 24h volume surged 412.86% to $8.45M during the drop, suggesting traders sold into the liquidity spike.
What this means: New listings can trigger short-term “pump and dump” cycles, especially in low-volume tokens. The lack of sustained buying post-listing implies weak conviction among new entrants.
3. Technical Downtrend Confirmation (Bearish Impact)
Overview: LION trades below its 7-day SMA ($0.0183) and 30-day SMA ($0.0197), signaling bearish momentum. The MACD histogram (-0.000157) and RSI (40.83) both show weakening momentum, nearing oversold conditions.
What this means: Technical traders likely exited as prices breached the $0.018 pivot point, accelerating downward pressure. The next critical support is the Fibonacci 78.6% retracement level at $0.0192.
Conclusion
LION’s drop reflects a mix of structural liquidity challenges, post-listing volatility, and technical breakdowns. While oversold conditions could invite a bounce, the token faces headwinds from reduced exchange support and thin market depth.
Key watch: Can LION hold above the $0.016 Fibonacci swing low, or will breaking this level trigger another leg down?