$Hemi
The cryptocurrency market witnessed extreme volatility as HEMI/USDT faced a dramatic crash, losing almost 80% of its value within a single day. According to Binance data, HEMI fell from a 24-hour high of $0.6960 down to a low of $0.1050, before stabilizing slightly around $0.1394 at the time of writing.
This sharp decline has left many traders shocked, as billions in trading volume were recorded. In the last 24 hours alone, 1.16 billion HEMI tokens were exchanged, with a trading volume of 178.68 million USDT.
The sudden crash may be linked to heavy sell-offs or potential market manipulation, as the order book currently shows selling pressure outweighing buying activity.
Despite the steep decline, short-term recovery attempts are visible, with the price showing a slight rebound of around 8% today. However, uncertainty remains high, and investors are watching closely to see whether HEMI can stabilize or if further downward pressure will continue.
For now, caution is advised, as extreme price swings could pose risks for both short-term traders and long-term holders.