Almost all the altcoins are recovering these days but Pancake Bunny Token is in a deep dip. From the high around $442, it is now sitting at $12. Can anyone explain why it is dipping so hard? Investors of this project are at a huge loss right now. Will it recover in the future or it's a Game over for this token?
The difference between the ATH and current price is very huge and I can only feel for those who bought at the top, although a lot of other projects are in such conditions, but while some will recover fast based on what the team are working on, others will find it hard. Also, before knowing if a project will recover after falling from such price, it is better to know if there is any kind of problem the team are facing, any exploits and so on, this will help the investors know if the project will still survive or not. Lastly, the market has a role to play as well, the more it gets better with the market, the more some of these projects will start picking up, but even at that the team ought to be working as hard as possible to retain their values and investors.