Ocean Protocol (OCEAN) token plunges 78% in one hour to $0.134

Ocean Protocol's cryptocurrency token, OCEAN, experienced a sharp decline of 78.15% within a single hour on Monday, dropping from $0.6123 to approximately $0.134. This rapid fall wiped out more than three-quarters of its value in just 60 minutes. The token's market capitalization fell to around $32.3 million, with a 24-hour trading volume of about $48,900. Such a steep drop could impact investor confidence and market dynamics for this digital asset moving forward.

Ocean Protocol's OCEAN token is trading at Rp10,050 on Pluang as of Oct 19, 2026 19:51 WIB, showing a 1-day gain of 6.74%. Despite the sharp drop reported in the news, the token's market cap stands at Rp6.67 trillion with a 24-hour trading volume of Rp1.19 trillion on the platform. This data highlights a different market dynamic on Pluang compared to the steep decline noted in the article.