ESP Token Drops 13.52% After Unlocks and Liquidations Amid High Volatility and $17M Volume

Espresso (ESPUSDT) has seen a 13.52% price decrease in the past 24 hours, currently trading at 0.06658 on Binance, following recent token unlocks that increased sell pressure and liquidation events near a key support level. Multiple exchange listings, mainnet launch, and airdrop events have contributed to heightened trading activity and volatility, with a 24-hour trading volume of $17.1 million on Binance and a circulating supply of 520.55 million ESP; most tokens remain locked. The price movement is largely attributed to increased supply from unlocks and broader trading opportunities, while the asset remains highly volatile, ranging from $0.056 to $0.076, and its market capitalization is estimated between $30.36 million and $39.47 million.