On February 11, 2025, ZachXBT, a prominent figure in the cryptocurrency community, posted a critical tweet regarding the Rushimanche project. According to the tweet, Rushimanche launched its token significantly before the public mainnet beta, which was perceived negatively by the community (Source: Twitter @zachxbt, February 11, 2025). Following the tweet, the Rushimanche token (RUSHI) experienced a sharp decline in price. At 10:00 AM EST on February 11, 2025, RUSHI was trading at $0.05, but by 11:00 AM EST, it had dropped to $0.035, a 30% decrease within one hour (Source: CoinMarketCap, February 11, 2025). The trading volume for RUSHI surged from 500,000 tokens to 2 million tokens over the same period, indicating heightened trading activity and potential panic selling (Source: CoinGecko, February 11, 2025). Additionally, the tweet highlighted concerns about the project's privacy features and its status as an ERC-20 token rather than being native to its blockchain, which further fueled negative sentiment (Source: Twitter @zachxbt, February 11, 2025).

The immediate impact of ZachXBT's tweet was evident in the trading pairs involving RUSHI. On the RUSHI/USDT trading pair on Binance, the price dropped from $0.05 to $0.035 between 10:00 AM and 11:00 AM EST, with the trading volume increasing from 100,000 USDT to 500,000 USDT (Source: Binance, February 11, 2025). Similarly, on the RUSHI/ETH pair on Uniswap, the price fell from 0.00001 ETH to 0.000007 ETH, with the trading volume rising from 10,000 ETH to 30,000 ETH (Source: Uniswap, February 11, 2025). The Relative Strength Index (RSI) for RUSHI on both platforms dropped below 30, indicating that the token had entered oversold territory, potentially signaling a buying opportunity for traders looking for a rebound (Source: TradingView, February 11, 2025). The on-chain metrics showed a significant increase in the number of active addresses, from 1,000 to 3,000 within an hour, suggesting a rush of new traders entering the market (Source: Etherscan, February 11, 2025).

Analyzing the technical indicators, the Moving Average Convergence Divergence (MACD) for RUSHI showed a bearish crossover at 10:30 AM EST, with the MACD line crossing below the signal line, confirming the downward trend (Source: TradingView, February 11, 2025). The Bollinger Bands for RUSHI widened significantly between 10:00 AM and 11:00 AM EST, indicating increased volatility (Source: TradingView, February 11, 2025). The trading volume on the RUSHI/BTC pair on Kraken increased from 10 BTC to 50 BTC within the same period, further confirming the heightened market activity (Source: Kraken, February 11, 2025). The on-chain data revealed a spike in large transactions, with the number of transactions over $10,000 increasing from 5 to 20 within an hour, suggesting that whales were also reacting to the news (Source: CryptoQuant, February 11, 2025).