🚨SBET crashes 91% in 10 days — ETH treasury play backfires!



Via Protos:

📉 Sharplink Gaming (SBET), once the largest ETH treasury stock, plunged from $124 to under $11 post-market.

💥 Why the crash?

Surprise dilution announcement

Viral tweet claims most PIPE investors dumped right after ETH strategy was revealed

Trading volume surged 10x; worst day in stock history

📉 Markets now punish "crypto narrative plays" harder than crypto itself.

#ETH # SBET
ETH10.01%
VIA11.63%
WHY3.43%
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)