Down nearly 25% in just 24 hours, mobi is def experiencing some turbulence right now. there are a few factors at play here that might have led to this slump.

first up, axelar's new mobius development stack was recently announced for integration with major blockchains like sui and xrp ledger, which was supposed to amp up interoperability and connectivity in the web3 space. while this sounds dope, it seems like it might have shaken up some investors' confidence in mobi's short-term prospects as they anticipate how these integrations will actually pan out in real-life applications.

also, the ton blockchain's partnership with axelar to use the mobius stack could be enhancing cross-chain capabilities. but the hype might have been overshadowed by the broader market's cautious stance on such integrations, resulting in mobi price volatility.

overall, it's crucial to peep beyond price dips to see the tech developments and collaborations that play a role in these market moves. this volatility might be a crucial point for mobi, signaling investors to look deeper into the potential of these tech integrations rather than just current prices.

feeling a bit bummed by the sudden dip, but staying curious to see how mobi evolves!