SIREN token posts a triple‑digit price increase, climbing to roughly $0.11 after a 150% daily gain despite a market that turned red over the last 24 hours.
Recent Price Action
Just days earlier, whales off‑loaded about 670 million SIREN tokens—approximately 92 % of the circulating supply—causing the price to tumble by 95 %. The subsequent rebound lifted the coin to the $0.11 level, a rise that investors attribute to speculative buying pressure.
Market Visibility
According to CoinGecko data, SIREN ranks as the second‑most searched cryptocurrency today, surpassing established altcoins such as Solana (SOL), Hyperliquid (HYPE) and Pi Network (PI). This heightened interest fuels additional trading volume on the blockchain, even as the broader crypto market remains bearish.
Analyst Caution
Industry commentators warn that the recent surge should not be mistaken for a sustainable bull market, noting a pattern of sharp price spikes followed by severe corrections. Team LAMBO’s X user accused the token’s creator of market manipulation, claiming “the guy behind SIREN should be in jail” because each rally is allegedly accompanied by token dumps. Analyst Honey suggested the latest dip was a strategic move to liquidate long positions ahead of a potential jump, describing the project as “dead” while still monitoring its volatile trajectory.