DASH Token Sees 12% Drop Amid Anniversary Surge: $523M Volume, $3M Liquidations Drive Volatility

DASHUSDT experienced notable volatility in the past 24 hours, with the price declining by 11.90% from the 24h open of 83.27 to the current Binance price of 73.36, following a period of bullish momentum and anniversary-driven interest. The sharp price movement can be attributed to increased open interest and substantial short position liquidations totaling $3.11 million, indicating active speculative trading, while the recent celebration of Dash's 12th anniversary and associated promotional activity contributed to heightened trading volumes. The current market overview shows robust 24-hour trading volume, with DASHUSDT trading between 73.00 and 92.72 and volumes exceeding $523 million, while the circulating supply stands at approximately 12.55 million DASH and the market cap ranges from $935 million to $1.18 billion.