$ESP
Price: $0.1432 (−11.7% 24h)
Market Cap: $74.58M
Volume (24h): $127.88M 🔥
Vol/Mkt Cap: 174.34% 🚨
FDV: $514.3M
Circulating Supply: 520.55M / 3.59B ESP
Holders: 16.79K
1️⃣ Extreme Trading Activity
174% volume-to-market-cap ratio is massive.
This means the entire market cap is trading almost 2× in one day — very high speculation or heavy distribution.
2️⃣ Strong Selling Pressure
Price is down 11.7% despite huge volume.
That suggests aggressive sellers overpowering buyers.
3️⃣ Major Dilution Risk
Only ~14% of supply is circulating.
FDV ($514M) is almost 7× higher than current market cap.
👉 Very high future unlock pressure.
Compared to the other tokens you tracked:
BTC / ETH / SOL → Low dilution, strong structure
$ESP → Very high dilution + extreme volatility
ESP is structurally a high-risk, high-volatility mid-cap.
Bearish Risk:
If high volume continues while price falls, this could be distribution.
Speculative Bounce Scenario:
After heavy liquidation, short squeezes are possible — but risky.
$ESP is currently a trader’s coin, not an investor’s coin.
It has:
Huge activity
Low circulating supply
High FDV gap
Strong volatility
Good for short-term momentum trades — dangerous for long-term holding without understanding unlock schedule.