๐ $CFX Plunges โ28% | Top Crypto Loser in 24H
Conflux Network ($CFX) leads the downside today with a sharp โ28.0% drop, making it the worst-performing crypto in the past 24 hours. Trading volume soared to $400M+, signaling a potential panic sell-off or large-scale exit.
๐ Key Stats:
Ticker: $CFX
Price: ~$0.192
24H Drop: โ28.0%
Volume: ~$400M
Market Cap: ~$1B
๐ What Caused the Crash?
Whale Dumping: Sudden sell pressure likely from large holders.
Market Rotation: Investors shifting to meme coins or majors.
Lack of Catalyst: No recent updates or tech releases from the project.
Weak Sentiment: Traders losing confidence in mid-cap altcoins.
โ ๏ธ CFX Risk Watch:
Support zones broken
Volatility spike = high slippage trades
No strong bounce signals yet
This may not be the bottom. Wait for volume drop + sideways base if you're considering re-entry.
๐ง Trading Tip:
Use stop-losses. Never catch a falling knife blindly. $CFX may offer a bounce, but the trend remains bearish until reversal signs emerge.
๐ Other losers today:
$BONK โ11.8%
$TIA โ11.1%
$ENA โ7.9%
๐ Follow me to stay ahead of the crypto curve!
Posted by @jutt9081
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