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Price Trend Overview
Initial Price Stability (Early 2024):
Price was relatively flat with low volume, suggesting accumulation or lack of interest.
Sharp Spike (March–April 2024):
A dramatic price surge to nearly 0.06 WETH, indicating a speculative pump or major news/event.
This was accompanied by high trading volume, confirming significant market activity.
Rapid Decline and Volatility (Post-Spike):
After the peak, the price declined just as fast, entering a consistent downtrend.
Multiple dead cat bounces (short-term recoveries) occurred, but each was followed by lower lows.
By late 2024, price fell below 0.01 WETH and has stayed low, continuing into 2025.
Current Price (~May 2025):
Now trading around 0.002901 WETH, which is ~95% down from its all-time high.
Recent weeks show very low volume, suggesting reduced interest and liquidity. 3 replies
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