Markets· ★★· bearish·

RNDR Plunges 74.54% to $1.79 in One Hour on $55M Volume

  • —Price dropped 74.54% to $1.79 within one hour
  • —Intraday high before the plunge was $7.03
  • —24-hour volume hit $54.97 million; market cap near $927 million
  • —Traders are watching $3 as the next resistance level
Why it matters: The move came without a clear catalyst, highlighting thin liquidity in RNDR and the risk of cascading liquidations.
Source: Coinfomania