Espresso Prediction

About Espresso (ESP)

Espresso (ESP) is an uncategorized utility token on Ethereum with a current price of $0.131 and a market cap of $68.2 million, showing recent downward price action amid higher sell volume. Despite impressive holder growth of 99% over 30 days to 16,639 holders, the supply is extremely concentrated with top 10 holders controlling 98%, posing significant risks. The lack of project description, social links, and clear use case limits its market position, making it a speculative asset in a volatile crypto environment.

Current price: $0.069745

Market cap: $250.38M

Liquidity: $135.65K

Holders: 12.8K

Espresso Price Prediction

The token has experienced consistent price declines over the past 24 hours, with an 8.3% drop amid higher sell volume of $87,722 compared to buy volume of $62,616, indicating sustained downward pressure. Transaction data shows more sell transactions (213) than buys (186) in the last 24 hours, suggesting weakening buyer interest in the near term. Holder count decreased by 55 in 24 hours, which could exacerbate the bearish momentum if selling continues.

Over the next 30-90 days, the token could stabilize if holder growth trends continue, as seen with a 11% increase over 7 days and 99% over 30 days, potentially attracting more interest. However, the extreme supply concentration in top holders (98% in top 10) poses a risk of volatility from whale movements. Without clear project catalysts or social presence, price recovery may depend on broader market conditions.