SIREN token crashed over 48% in 24 hours, dropping from $1.1 to around $0.62 as crypto markets reacted negatively to new U.S. Federal Reserve leadership. Traders rushed to close positions, causing a sharp fall in Open Interest and a surge in derivatives volume, signaling panic selling. The Relative Strength Index indicates further downside risk, with potential to fall below $0.6 support unless buyers regain control above $0.7. This selloff erased nearly all gains from SIREN's April-May rally, reflecting broader market uncertainty and risk-off sentiment.
The BNB Chain sector grew by 4% week-over-week, adding about $6.7 billion to reach a $175 billion market cap amid improving market sentiment. Key tokens like SIREN, DeXe, and BNB showed notable gains, while emerging projects like Humanity Protocol su...
The AI sector surged 17.1% week-over-week, reaching a six-month high market cap of $22.3 billion, driven by strong gains in major tokens like Venice Token (+83.9%) and Internet Computer (+50.1%). Key developments include Bittensor's TAO token launchi...
This week, altcoins Toncoin (TON), Siren (SIREN), and Venice Token (VVV) led market gains driven by protocol upgrades, strong fundamentals, and sustained development activity. Toncoin surged over 80% following fee reductions and Telegram ecosystem im...
