$ESP ESP (Espresso) has become the most talked-about asset in the market. Following its massive Token Generation Event (TGE) on February 12, the token is experiencing "Price Discovery" in its purest, most volatile form.
# The "Opening & Closing" of the ESP Debut
1. The Opening: The Multi-Exchange Blitz
The day "opened" with a coordinated global listing. At 13:00 UTC, Binance, KuCoin, and BitMart all unlocked trading simultaneously.
The Explosion: Price debuted around $0.069 and instantly spiked to an all-time high of $0.087 within minutes.
The Catalyst: Espresso is a "Base Layer" for rollups, aiming to solve Ethereum's fragmentation. With partners like Arbitrum and Polygon already integrated, the "Opening" of this token was backed by massive industrial utility, not just hype.
2. The Closing: The "Airdrop Claim" Pressure
As the first few hours of trading pass, the market is trying to "Close" the gap created by airdrop hunters.
The Supply: 10% of the initial supply (distributed to 1 million addresses) is currently being claimed.
The Struggle: While whales are accumulating, retail "airdrop farmers" are selling their free tokens to secure profits. This created a localized "Closing" of the initial $0.087 peak, bringing the price back to a consolidating range of $0.078.
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