Siren (SIREN) has experienced a severe price collapse, plunging 21.6% in the past 24 hours to $0.196042, according to the latest market data. The dramatic decline has erased $46.2 million from the token’s market capitalization, which now stands at $140.9 million.
The cryptocurrency, currently ranked #207 by market cap, traded between a 24-hour low of $0.169921 and a high of $0.256171. The price drop represents a continuation of a broader downtrend that has devastated SIREN holders over the past week.
Catastrophic Weekly Performance
The 24-hour crash is part of a much larger selloff, with Siren down 88.2% over the past seven days. The token has lost more than half its value in the past month alone, recording a 30-day decline of 50.7%.
Trading volume remains elevated at $30.5 million in the past 24 hours, suggesting continued liquidation pressure as holders exit positions. Despite a modest 4.3% recovery in the past hour, the overall trajectory remains sharply negative.
Distance from All-Time High Widens
Siren reached its all-time high of $3.61 on March 22, 2026, just 12 days ago. The current price of $0.196042 represents a staggering 94.6% decline from that peak, essentially wiping out nearly all gains from the token’s brief rally.
The circulating supply stands at 728.2 million SIREN tokens out of a maximum supply of 1 billion, representing approximately 73% of total token allocation already in circulation.
Market Context
While the broader cryptocurrency market has experienced volatility in recent weeks, Siren’s decline appears particularly severe compared to major digital assets. The market cap change of -24.7% in 24 hours indicates significant outflows from the project.
The token had previously shown extreme volatility, climbing 637% from its all-time low of $0.0263 recorded on March 11, 2025. However, that gain has now been almost entirely reversed in a matter of days.
Traders and investors should exercise extreme caution with SIREN given the current volatility profile. The combination of rapid price declines, elevated trading volume, and proximity to recent lows suggests continued market uncertainty around the token’s valuation.
This is a developing story. Market data current as of April 3, 2026, 00:07 UTC.
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About the Author: Ananya Melhotra
