TOWNS crypto plunged 50.79%, falling from a high of 0.088 USD to a low of 0.035 USD. Market activity was driven by profit-taking among both whales and retail investors, resulting in substantial selling pressure.
Futures metrics indicate a bearish outlook, as open interest fell to 10.93 million USD and most positions are now short. If the current selling trend continues, TOWNS may further decline to around 0.034 USD.
Leave a Reply