Mask price drops 50%, 24h volume spikes 560% to 1 billion USD; what’s happening?

The MASK token has dropped more than 50% in a short time, decreasing from a high of 3.6556 USD to approximately 1.88 USD.

In the last 24 hours, the trading volume surged by 560%, reaching 1 billion USD, indicating strong market reactions and increased trading activities.

This decline links to previously observed market instability, particularly due to NFT hype that created a bull trap followed by volatility.

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