Common Token Price Prediction: What Caused 40% Listing Crash?

Date:

Share post:

spot_img

The launch of Common crypto coin on big exchanges — Binance, KuCoin, Bybit, Gate.io, Bitget, MEXC, and BitMart created a lot of excitement in the crypto world. But within just a few hours, the excitement turned into worry.

The crypto started trading at $0.03813, went up to $0.04, and then dropped sharply by 40% to around $0.021. 

This article explains the Common Token Price Prediction, the main reasons behind the fall, and what could help it recover again.

Behind the Numbers: How the Common Token Price Crash Happened

In the first 24 hours, the asset saw a huge 29,860,000% jump in trading volume, reaching $36.3 million as per CoinMarketCap data. That sounds great, but it also caused big problems.

Common Token Price Crash

The market cap is around $49.25 million, and out of the 10 billion coins, only 2.33 billion are in the market. This big gap between total supply and circulating tokens made the price unstable after Common token launch on Kucoin and more.

Why Is  Price Dropping Today? 4 Key Reasons Here

Profit Booking by Early Investors

People who got the Common Token airdrop or bought early in private sales quickly sold their assets after the listing to make profits.

Low Holder Base, High Supply Risk

There are only about 1,300 holders and a total of 10 billion coins. So, if a few big holders sell, the price can drop quickly.

Multi-Exchange Overload

The token launched on many exchanges at once. Small price gaps appeared between them, and traders used these gaps to earn quick profits.

Technical Chart Signals: Is Reversal Near or More Dip Ahead?

The chart shows a clear downward pattern after heavy selling.

  • RSI is below 40, which means it is now oversold and might bounce back soon.

  • MACD is still bearish

  • There is strong support between $0.020–$0.021, where buyers are active.

If binnce listing price stays above $0.021, it could rise toward $0.027–$0.030. But if it falls below $0.02, it may drop to around $0.015.

The Post-Airdrop Era: What’s Common Token Price Prediction

The fall in the asset shows a regular post-airdrop pattern in crypto. If the official team adds staking, governance, or exchange rewards, the price crash could bounce back to $0.027–$0.030 as the market calms down.

If new updates or partnerships are announced, it could return to the $0.035–$0.04 range, and if the team keeps growing the ecosystem then price prediction might reach $0.06–$0.08 in the future.

Conclusion

The price crash may look bad, but it’s not unusual. Many new tokens face the same problem — a big jump after launch followed by a quick fall.

Right now, it is holding near $0.021, an important level. If it stays above this, the Common token price prediction around $0.08 might come true. 

For now, it is one of the most talked-about new tokens, and a good example of how listing hype and trader psychology shape the crypto market.

Disclaimer: This article is for informational purposes only. Always DYOR before making any financial decision in the crypto market.

Earn up to 600% APY with Elevon

Create your token with Universal Token Generator

Leave a reply

Please enter your comment!
Please enter your name here

spot_img

Related articles

CRO Explodes by 10% Hourly as Trump Media to Introduce Prediction Markets Using Crypto.com

Trump Media and Technology Group Corp. – the company behind Truth Social – disclosed that it will launch...

Is Ethereum (ETH) Ready for a Breakout Like June 2025?

Ethereum (ETH) is trading near $4,100, with a daily trading volume of $27.6 billion. The asset has fallen...

Pi Network (PI) News Today: October 28th

Pi Network continues to advance its ecosystem, while the project’s native token has experienced significant volatility as of...

Double-Digit Price Surges From These Altcoins as BTC Slides Toward CME Gap: Market Watch

Bitcoin’s price ascent from Sunday and Monday was stopped at $116,000, and the asset slid below $114,000 on...