BREAKING: Siren (SIREN) has plunged 21.6% in the past 24 hours, trading at $0.234028 as of 2:06 AM UTC on March 2, 2026, according to live market data.
The sharp decline represents a loss of $0.064 per token, with the cryptocurrency tumbling from a 24-hour high of $0.298328 to a low of $0.233962. The selloff has erased approximately $44.7 million from Siren’s market capitalization, which now stands at $170.8 million.
Accelerating Losses
The downturn has intensified in recent hours, with Siren dropping 8.9% in the past hour alone. This suggests mounting selling pressure as traders exit positions rapidly.
Trading volume has surged to $12.4 million over the past 24 hours, indicating heightened market activity during the price collapse. The current market cap rank of 192 reflects the token’s diminished position following the selloff.
Distance from Peak
Siren now trades 56.9% below its all-time high of $0.543149, reached just four days ago on February 26, 2026. The rapid reversal from peak levels highlights the extreme volatility characterizing the asset.
Despite the current downturn, Siren maintains substantial gains over longer timeframes. The token is up 147% over the past 30 days and remains 788% above its all-time low of $0.0263 recorded on March 11, 2025.
Supply Metrics
With a circulating supply of 728.86 million tokens and a maximum supply cap of 1 billion tokens, approximately 72.9% of Siren’s total supply is currently in circulation. The fully diluted valuation matches the current market cap at $170.8 million.
Seven-Day Performance
Over the past week, Siren has declined 17.5%, indicating sustained bearish pressure beyond today’s sharp drop. This week-long downtrend suggests the current selloff may be part of a broader correction rather than an isolated event.
Market participants should note that cryptocurrency markets remain highly volatile, and price movements of this magnitude can occur rapidly. Traders are advised to monitor market conditions closely and implement appropriate risk management strategies.
Last updated: March 2, 2026, 2:06 AM UTC
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About the Author: Ananya Melhotra
