Is DAO Maker’s Price Rollercoaster About to Drop? Find Out the Shocking Truth!

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So, here we are, folks. DAO Maker (DAO) decided to throw a party on March 21, skyrocketing a whopping 88% to hit an impressive high of $0.0639-only to pull a classic disappearing act and retreat to $0.0505. Honestly, it’s like watching your favorite soap opera: just when you think the drama is over, they throw in a plot twist.

Meanwhile, our friendly neighborhood whales were busy cashing in their chips right into the spike, while money flow was about as positive as a rainy Monday morning. This delightful combination has historically been the prelude to sharp reversals in low-liquidity tokens. Who doesn’t love a good plot twist?

Whale Watch: Bearish Signs Ahead

According to Santiment data (because who doesn’t love a little number crunching?), wallets holding between 10,000,000 and 100,000,000 DAO coins-let’s call them the whale squad-were cradling around 128.33 million tokens as of March 13, when the price was lounging at a cozy $0.035.

Fast forward to mid-March, and the whale balance decided to go on a diet, dropping to approximately 123 million coins. Then, just as prices flirted with $0.048 around March 17-18, they spiked back up to about 128 million. Oh, the suspense!

But wait, the real kicker happened after March 18. Just when DAO price was taking a dramatic dip before its grand spike, whale holdings plummeted to around 121 million DAO. That’s a net reduction of roughly 7 million DAO since the March 13 peak. It’s almost like they knew something we didn’t-like a bad date that just needed to end.

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As of today, whale holdings rest at approximately 121.04 million DAO while the price sits comfortably at $0.051. Distribution during a price spike is typically not a sign of confidence-more like a hint that late buyers got a bit too eager and maybe mistook this for a good idea.

Capital is Leaving Faster Than My Willpower at a Buffet

The Chaikin Money Flow (CMF) indicator is chilling at -0.33, deep in the negative abyss. A descending blue trendline across the CMF highs slopes down from a somewhat optimistic -0.10 in late December 2025 to our current state of despair. Money flow has been on a downward spiral for what feels like ages.

And here’s the kicker: the CMF is forming lower highs while the price is flaunting higher highs. Talk about a dysfunctional relationship! The DAO price is yet to catch up with reality.

Oh, and just to add a cherry on top, the CMF didn’t even bother turning positive during the thrilling 88% spike. A genuine demand-driven breakout would have made it cross above zero. But alas, it seems this spike had all the charm of a one-hit wonder, driven more by panic selling and liquidity sweeps than actual excitement.

DAO Price: Facing a Wall of Reality

Currently, the DAO price of $0.0505 is wedged snugly between the 1.236 Fibonacci level at $0.0495 and the 1.5 level at $0.0541. The glorious intraday high of $0.0639 briefly touched the 2.0 extension at $0.0628 before getting firmly rejected. Ouch!

The 1.786 Fibonacci extension at $0.0591 has now become the new gatekeeper. If we don’t see a daily close above this level, we’re likely heading back toward the 0.786 level at $0.0417-essentially the comfort zone where DAO lounged throughout January and early February.

If DAO dips below $0.0417, the 0.618 level at $0.0388 is the next significant support, followed closely by the 0.382 level at $0.0346, which was the floor during the dramatic February-March downtrend. And let’s not forget about the deeper support at $0.0321, aligning with the lows printed in February-because who doesn’t love a good trip down memory lane?

With whale wallets shedding 7 million DAO into the spike, CMF anchored at -0.33, and the price already pulling back to $0.0505, it seems like the buyers have a bit of convincing to do. Holding above the 1.236 Fibonacci at $0.0495 is the bare minimum to prevent a swift retreat. And a close above $0.0591? Now that would be the ultimate plot twist!

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2026-03-22 00:30