0G Token Drops 18% Amid Trading Pair Removal and Network Upgrade: Market Impact Explained
0GUSDT has seen a sharp decline in the past 24 hours, with the price dropping 18.04% to 0.486 USDT, as reported by Binance. This price movement is primarily attributed to the recent removal of 0G spot trading pairs and the suspension of 0G deposits via the Ethereum network, which may have affected market liquidity and investor sentiment. Additionally, ongoing volatility has been influenced by developments such as the partnership with AmericanFortress for private AI transaction infrastructure and a completed network upgrade, although these advancements have not offset short-term bearish trends.
Currently, 0GUSDT ranks 175th by market capitalization at approximately $108.5 million, with a 24-hour trading volume around $33 million and a circulating supply of 213 million coins. The asset remains available for trading on major platforms, including Binance, with notable fluctuations between $0.6263 and $0.5059 in the last day.