BREAKING: Siren (SIREN) has experienced a severe price collapse, plunging 55.2% over the past 24 hours to trade at $0.251065 as of April 2, 2026.
The dramatic selloff has wiped out $216.5 million in market capitalization, bringing the token’s total market cap down to $187.1 million. Siren now ranks #174 among cryptocurrencies by market capitalization.
Key Price Metrics
The token hit an intraday low of $0.226559 before recovering slightly to current levels. The 24-hour high of $0.623828 represents a stark contrast to the current price, illustrating the severity of the decline.
Trading volume has surged to $117.8 million in the past 24 hours, indicating significant selling pressure and market activity during the downturn. The hourly chart shows continued weakness with an additional 6.88% decline in the last hour alone.
Extended Decline Pattern
The current crash extends a longer-term bearish trend for Siren. Over the past 7 days, the token has lost 88.7% of its value, while the 30-day performance shows a decline of 40.7%.
Siren reached its all-time high of $3.61 on March 22, 2026, just 11 days ago. The current price represents a 92.9% decline from that peak, marking one of the steepest corrections in recent crypto market history.
Market Context
With a circulating supply of 728.2 million tokens out of a maximum supply of 1 billion, approximately 73% of the total token supply is currently in circulation. The fully diluted valuation matches the current market cap at $187.1 million.
The token’s all-time low of $0.026347 was recorded on March 11, 2025. Despite today’s crash, SIREN is still trading 875% above that historical low point.
What This Means for Traders
The extreme volatility and high trading volume suggest significant market uncertainty. Traders should exercise caution as the token continues to show weakness on multiple timeframes. The sharp deviation from recent highs and sustained selling pressure indicate potential fundamental concerns or broader market risk-off sentiment affecting the asset.
Market participants should monitor for potential support levels and await signs of stabilization before considering new positions. The current price action represents extreme volatility that could continue in either direction.
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About the Author: Ananya Melhotra
