LMTS plunges as Limitless team offloads tokens soon after launch

Limitless, an up and coming prediction market project, saw its token crash by over 58%. The team’s wallets started selling tokens, citing attempts at price stabilization and using concentrated ￰0￱ Limitless project saw its token crash by over 58%. LMTS sank on Thursday, becoming one of the day’s biggest losers just days after launching. On-chain data showed team wallets started depositing and trading tokens as soon as LMTS launched, causing an immediate drop in ￰1￱ lost over 58% of its value in the first day of trading, later making a small ￰2￱ token still relies on Aerodrome and Uniswap for its liquidity, leading to volatile prices. |) October 22, 2025 The Limitless team even feuded with Evgeny Gaevoy , founder of Wintermute, who was skeptical about the claims of an on-chain market maker ￰3￱ now, the actions of the team look like early selling for LMTS, and the wallet is yet to compensate with active buying to boost the price of LMTS.

However, the team declined the accusations of deliberate selling to lock in profits. Instead, the project’s wallet also returned to buying back ￰4￱ token remains volatile, also pressured by other whales and retail ￰5￱ wallet, assigned as providing ‘concentrated liquidity’, still locked in $1M in net gains, while re-buying $461K of LMTS ￰6￱ total, just $1.4M was enough to tank the price of LMTS, which is trading on relatively thin ￰7￱ presented its so-called market maker wallet, which was among the biggest sellers of LMTS. Later, the wallet partially re-bought at a lower range. |