$CFG token has experienced a recent sharp decline, with the main reasons being as follows:

Stimulated by news of Binance spot listing and Upbit listing, CFG surged sharply by over 55% - 180%, reaching a high of $0.25. After this spike, a large number of investors took profits, causing the price to quickly retreat to the $0.16 - $0.18 range, with a 24-hour decline of 2% - 17%, and even an overnight sharp drop.

Additionally, the final migration window has opened, causing some unmigrated token holders to exchange or liquidate their positions, increasing selling pressure. Token holdings are highly concentrated, with the top 5 addresses accounting for over 40%, which is prone to triggering cascading panic. Combined with short-term pullbacks in the RWA sector, adjustments in leveraged positions, and a fade in FOMO sentiment, downward pressure has intensified.