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What volatility for SIREN in recent days! On the 17th, the coin skyrocketed 174%, rising from $0.83 to a peak of $2.278, but then dropped sharply by 88%, reaching $0.271. This caused chaos in the market with $7.14 million liquidated in 24 hours during that period.
The interesting thing is that now SIREN is priced at $0.71, showing a recovery compared to that low point. It seems that after all that turbulence, the token managed to stabilize a bit. SIREN's volatility continues to attract traders' attention, especially after such an extreme move.
For those who were watching, there were $3.75M in long positions and $3.40M in shorts liquidated on that chaotic day. This kind of movement in SIREN clearly shows the risk that lower-cap coins can present. It's interesting to see how the coin behaves from now on.