NAV Coin plunges 36.22% in an hour to $0.0247
- —NAV price fell 36.22% in an hour to $0.024731
- —The daily high was $0.042325; the 24-hour drop is 40.55%
- —Daily trading volume is only $2,915.88, with a market cap of $1.9 million
- —Support is expected at $0.0240, resistance at $0.0300
Why it matters: The crash on extremely thin liquidity highlights the risks of small-cap coins, with possible whale manipulation and further declines if $0.0240 breaks.
Source: Coinfomania