Deep Dive
1. DAO & Roadmap Delays (Bearish Impact)
Overview:
MilkyWay’s decentralized data marketplace and DAO launch, initially slated for Q3 2025, now face delays to early 2026 per unconfirmed developer discussions. The project’s GitHub shows <10 commits/month since August 2025, suggesting slowed progress.
What this means:
Delays weaken confidence in MILK’s utility expansion, potentially prolonging its 90-day -43% slump. Protocol revenue (tied to roadmap milestones) remains 82% below projections, per MilkyWay Docs.
2. PancakeSwap Controversy (Bearish Impact)
Overview:
A September 2025 Cointelegraph investigation linked 850+ wallets to MILK wash trades during a $250K trading competition. MILK’s Binance Chain liquidity fell to $287K post-revelation (-33% vs August).
What this means:
The scandal amplifies sell pressure from short-term holders – 61% of MILK addresses are underwater, per BscScan. Exchange delisting risks rise if compliance probes expand.
3. Staking Dynamics (Mixed Impact)
Overview:
Only 22% of MILK’s supply is staked, far below its 60% target. Validators offer 8-12% APY, but RSI 34.4 signals weak buying momentum to absorb sell-side.
What this means:
Achieving the staking target could remove ~208M MILK ($6.3M) from circulation, but current yields trail Cosmos ecosystem averages (15-19%), limiting incentive appeal.
Conclusion
MILK’s price faces near-term headwinds from delayed adoption drivers and credibility issues, though staking incentives offer a speculative upside lever. With the Fear & Greed Index at 21, can MilkyWay’s team accelerate development before liquidity erodes further? Monitor Q4 2025 validator growth and DAO testnet progress.