Why is FIGHT’s price down today?
FIGHT fell 10.71% over the last 24h to $0.0211, sharply underperforming the broader crypto market, which rose 0.61%. This extends a 7-day decline of 14.12%. Here are the main factors:
Profit-Taking Post-Listings – The token recently launched on multiple exchanges, prompting early buyers to sell into the initial rallies, creating sustained downward pressure.
Airdrop Selling Pressure – A large airdrop to ICO refund recipients and community members unlocked a wave of free tokens, many of which were immediately sold for quick gains.
High Initial Supply – With 20.5% of the total 10 billion tokens in circulation at launch, the market absorbed significant sell-side volume, overwhelming recent bullish news.
FIGHTUSDT
Perp
0.023105
+6.82%
BTC
88,621.99
-1.09%
SOL
127.1
-0.08%