A certain token plummeted 28.5% in 24 hours; detailed trading data analysis

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【CryptoWorld】A popular token’s performance today has been quite fierce. As of the time of writing, the price has dropped to $0.1892, with a 24-hour decline of 28.5%—this sharp decline has caught many high-buying investors off guard.

In terms of trading activity, market participation remains active. Over the past 24 hours, the trading volume reached 339 million tokens, with the dollar value surpassing $80 million, specifically $80,030,800. This indicates that despite the price decline, buyers and sellers are still engaged in intense competition.

Looking at the fluctuation range more clearly reveals the severity of this wave: the intraday high reached $0.2688, and the low dropped to $0.1892—showing a 4% drop from high to low within just 24 hours. The token is still on a downward trend, and the future direction will depend on whether it can find support at lower levels.

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memecoin_therapyvip
· 18h ago
28.5%?Is it another time for chasing highs and losing money --- 80 million trading volume still not cooling down? This buying pressure is outrageous --- Where is the support at low levels? Feels like it will continue to test the bottom --- A typical prelude to a V-shaped reversal, let's wait and see --- How long will it take for those caught in this wave to break even... --- This barrier at 0.1892 feels a bit risky. Let’s see if it can hold --- The high trading activity makes it even more dangerous. Feels like the main force is pushing down --- Chasers are losing money again. When will they learn?
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GasFeeTherapistvip
· 01-17 15:10
Brothers chasing the high, you're definitely taking a big loss this time haha --- 28.5% drop and you're dead, I really respect this move --- Are you ready to buy the dip at the low? I'll watch for now and decide later --- The 80 million trading volume is still going strong, indicating there are still buyers --- From 0.2688 to 0.1892, this sharp decline was brutal --- It's the same old trap, every time it's like this --- The question is whether it can hold this level, or it will keep falling --- Large sell orders? Or is the good news already priced in? Can't figure it out --- With a trading volume of 3.39 billion tokens, it looks fierce. Where's the bottom? --- I bet it will drop further, waiting to buy the dip again --- This is the daily life of Web3, get used to it
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WagmiAnonvip
· 01-15 16:50
My several comments: 1. Once again, the chasing retail investors get cut, and I just watch you all lose money. 2. The high trading volume indicates someone is bottom-fishing. I damn well don't know if it's an opportunity. 3. A 28% drop? That's hilarious. I've seen worse, this isn't a big deal. 4. Support at low levels? What support? Keep smashing it down. 5. Seeing the 80 million trading volume, I know big players are shorting this group of retail investors. 6. Is 0.1892 the bottom? Only fools would know. Anyway, I don't dare to buy the dip. 7. This market cycle is really perfect—high at 0.26, low at 0.18, a perfect rhythm for cutting the chives. 8. The buyers are still holding on desperately. Are they bottom-fishing or taking over the position? I really can't figure it out. 9. 339 million in trading volume shows that many people still believe in this trash coin. 10. Still waiting for support at low levels? Wait, everyone. I think it can keep making new lows.
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MEVHuntervip
· 01-15 16:45
28.5% dump in 24h? that's not volatility, that's a straight execution. mempool was prolly toxic af during that move... wonder who caught the arbitrage spread
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HalfBuddhaMoneyvip
· 01-15 16:44
This drop is too fierce, friends who chased the high are suffering. Another round of wiping out retail investors, with such high trading volume yet still falling, indicating institutions are dumping. Should I buy at 0.1892? That's the real question. 28.5% loss, almost half gone, should have cut losses earlier. Spending 80 million USD still results in a decline, there must be someone pushing the market behind the scenes. I just want to know if this low level can hold steady, really, it feels like there's still more downside. With this kind of volatility, not using leverage means guaranteed profit. Haha, the harshest punishment for chasing the high is watching it fall back below the cost price.
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RamenStackervip
· 01-15 16:41
Those who chase the high will all have to kneel, I knew it would turn out like this Another big harvest show, with a trading volume of 80 million still fighting A 28.5% drop all at once, how many people got liquidated Bottom support is all nonsense, a further decline is inevitable Is anyone buying the dip? Let me see if they still dare to buy in
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ProofOfNothingvip
· 01-15 16:24
Everyone who bought high is crying, I just want to buy the dip, but I have no money left. --- Again with this kind of show, such a large trading volume indicates that the whales are distributing. --- 28.5% in one day? How aggressive must the sell-off be? Seems like there's a story behind it. --- Low support? It looks like it's just going to keep dropping. --- 800 million in trading volume is quite a lot, retail investors are still holding on stubbornly. --- Fallen from 0.2688 to 0.1892, wait... will this wave continue? --- I just want to know who is buying at this price level, their courage is commendable. --- A typical fake-out rally, don’t ask me how I know. --- Fierce? This is called fierce? Then what was that previous crash? --- The active trading volume is even more frightening, indicating someone is buying the dip.
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