SIREN jumps 54% after 95% crash – Is $0.14 next or
#World Cup Predictions: 100,000 USDT Daily #TradFi Trading Strategies Sharing Challenge #HTX Creation Challenge — Post and Win 1,500U 💥 SIREN jumps 54% after 95% crash – Is $0.14 next or…After crashing more than 95% following a whale selloff, siren [SIREN] has shown signs of recovery. The memecoin fell to a low of $0.07 days ago after a whale dumped 670 million SIREN worth $64 million.
However, as selling activity cooled, market pressure eased and upside volatility returned. The memecoin rallied to a local high of $0.112 before retracing slightly.At press time, SIREN traded at $0.109. According to CoinMarketCap, the token was up 54% over the past day and 36% over the past hour.As SIREN dropped to recent lows, spot buyers stepped in and continued accumulating the dip.
In fact, funds have continued flowing out of exchanges over the past three days. As a result, the memecoin’s Spot Netflow remained negative.
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