VOW token experienced a dramatic 80% drop following a technical mishap involving the USD rate setter function of the V$ contract. The incident occurred as the development team was testing this function, which is critical for minting V$ for new lending pools and oracle functions. During testing, the team adjusted […]
Tag: crash
Smart Traders Accumulate $CRASH Despite Overall Market Decline
Despite a general decline in $CRASH on the BASE network, smart traders are still actively buying the token over the past two days. According to multiple reports, $CRASH has one of the fastest and strongest-growing communities on the BASE network, underscoring its potential and attracting savvy investors. $CRASH has the […]
Controversy Surrounds SatoshiVM’s SAVM Cryptocurrency
SatoshiVM’s SAVM cryptocurrency, which made its much-anticipated debut on January 19, quickly found itself at the center of controversy. Following its launch, the protocol experienced a surge in value, boasting a market capitalization of approximately $90 million, as reported by DEXTool’s data. However, the excitement surrounding the SAVM token was […]
Multibit Faces Sharp Over 20% Price Drop After Whales Sell Off Some Holdings
Multibit ($MUBI) experienced a significant setback after a robust week that saw its value surge by an impressive 230% in the last seven days. Despite this bullish run, the token faced a sudden downturn, plummeting by over 20% within the past 24 hours. One of the early investors of $MUBI […]
SafeMoon’s SFM Token Faces Sharp over 50% Decline Following Chapter 7 Bankruptcy Filing
In a startling turn of events, SafeMoon’s SFM token has witnessed a substantial crash, plummeting by more than 50% in value subsequent to the company’s voluntary Chapter 7 bankruptcy filing. The once-thriving memecoin, SafeMoon (SFM), has opted for Chapter 7 bankruptcy in the United States. This form of bankruptcy primarily […]
How A Single Order Crashed Bitcoin’s Price Over 20% In 5 Minutes
There is never a boring day in the cryptocurrency world. After an insane bull rally we finally saw the first major correction, wiping over $20 billion off crypto market’s overall valuation and caused a panic selloff for Bitcoin. BTC/USD touched as low as $6,178 on Bitstamp because of a massive […]
After Flash Crash to $3,400, Bitcoin Climbs Above $3,600
As Bitcoin continues to stumble downwards, every red tick becomes increasingly worrisome for fearful bulls. Early this morning, Bitcoin found itself in a momentary flash crash to the $3,400 mark. Fortunately, traders erased this slip and even contributed to slight gains on the day. At approximately 6:40am EST, Bitcoin fell […]
Has the Bitcoin Price Ever Dropped Like This in the Past?
The current bearish Bitcoin price pressure has made a lot of traders and enthusiasts uneasy. It is evident there isn’t much to be excited about given the current circumstances, but there are precedents for this negative market pressure as well. An extensive bear market is nothing new, nor is a […]