๐ฅ Gate Square Event: #PTB Creative Contest# ๐ฅ
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB ๐ https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live ๐ https://www.gate.com/zh/announcements/article/46934
๐
Event Period: Sep 10, 2025 04:00 UTC โ Sep 14, 2025 16:00 UTC
๐ How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
๐ Rewards:
๐ฅ 1st
#TQ#
๐ TQ/USDT Deep-Dive Technical & Fundamental Analysis
๐ฅ **Current Price:** $0.00003559
๐ **24H Drop:** -48.18%
๐ **30-Day Fall:** -99.92%
๐ **Avg. Entry (Retail):** \~\$0.00007073
๐ต **24H Turnover:** $6.97M
๐ฆ **24H Volume:** 130.81B TQ
๐ **Total Supply:** 10B TQ
๐ช **Circulating Supply:** 3.75B TQ
๐ Chart-Based Technical Analysis:
Launch Candle (Pump):
* Price hit **\$0.0117** within the first day (extreme FOMO).
* Multiple wicks indicate **bot-driven volume** and **early exits by insiders**.
๐ป Downtrend & Distribution:
* Sharp selling began right after the top โ **continuous red candles** with no support formation.
* Recent candles are **low-volume, long-tail**, showing weak buying interest and trapped retail.
๐ Current Trend Status:
* **Below 50% Fib level of any recovery zone**.
* **No reversal patterns** like double bottom, bullish divergence, or RSI recovery.
* Looks like a **classic pump-and-dump chart** with price bleeding slowly to near-zero zones.
๐ง Fundamental Analysis:
โ Positives:
* Listed on **Gate.io**, a major CEX (gives some short-term exposure).
* Decent trading volume, but majority likely **wash trades or bots**.
โ Negatives:
* Total supply = **10 Billion**. Circulating = only **3.75B** โ 6.25B **still locked** (future dilution risk).
* No clear **utility, whitepaper, team info**, or **roadmap** shown.
* Price action suggests this might be a **token created for hype-based exits**.
๐งช Market Psychology:
* Many early retail investors **trapped at \$0.001 - \$0.007 range**.
* Buying interest very low due to **loss of trust**.
* Community sentiment: panic + confusion.
* Heavy dump without any organic growth is a **red flag for sustainability**.
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#m๐ Can it Go to \$1?
**Realistically โ NO.**
To reach **\$1**, with **10B supply**, the market cap would need to be:
$1 x 10B = $10 Billion โ Thatโs more than the entire market cap of many top 50 coins.
Unless:
* 90โ95% tokens are **burned**.
* The coin finds **massive utility**, adoption, and burns like SHIBA did.
* Backed by real-world use, major CEXs, or ecosystem projects.
Right now, itโs **not even a utility coin**, it looks **fully speculative**.
โ Final Verdict (Expert Tone):
**TQ is currently in a dead-zone.
It had potential for quick scalps at launch, but has now fallen into a **liquidity trap zone. Without strong fundamentals, news, or major tokenomics change (burn, utility, staking), recovery to even 10x from here is unlikely short-term.
For now, it remains a high-risk, low-trust, speculative micro-cap token
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** #CryptoAnalysis # GateioListing #TQToken # RugpullPattern #DYOR # PumpAndDump