ENSO (Enso) down 30.74% in the past 24 hours

Gate News Bot Message, January 26th, according to CoinMarketCap data, as of press time, ENSO (Enso) is currently priced at $1.45, down 30.74% in the past 24 hours, with a high of $2.37 and a low of $0.54. The current market capitalization is approximately $29.99 million, a decrease of $13.2463 million from yesterday.

Recent Important News about ENSO:

1️⃣ High-level Correction Risk Released ENSO experienced a 100.69% 24-hour increase in the previous trading day, reaching a peak of $2.04, followed by a sharp correction to around $1.45, a decline of 30.74%. This extreme volatility reflects the price fragility of new tokens driven by high enthusiasm, with market participants accelerating liquidations due to profit-taking and risk aversion.

2️⃣ New Token Hotness Ranking Near the Top ENSO ranks among the top three in the market hotness list, only behind PENGUIN and FIGHT, indicating that the token maintains a high level of community attention and search interest. However, the short-term shift from hotness support to price support has failed, suggesting investor sentiment has shifted from chasing gains to cautious observation.

3️⃣ Market Cap Shrinkage and Liquidity Pressure Market cap decreased by $13.2463 million to $29.99 million within 24 hours, with the lowest price dropping to $0.54, reflecting significant liquidity constraints for the token. The inherent trading volume limitations of new tokens, combined with the sharp price decline, further amplify selling pressure from investors.

This message is not investment advice. Please be aware of market volatility risks.