BREAKING: River Token Crashes 28.5% to $9.19 in Sharp Selloff
River (RIVER) has plunged 28.5% in the past 24 hours, dropping to $9.19 as of 8:43 PM UTC on February 17, 2026, according to market data. The dramatic decline has wiped out $71.8 million in market capitalization, bringing the token’s total market cap down to $180.4 million.
The selloff accelerated in the past hour, with River losing an additional 14.9% as selling pressure intensified. Trading volume spiked to $17.4 million over the 24-hour period as investors rushed to exit positions.
Sharp Decline From Recent Highs
River’s current price of $9.19 represents an 88.3% decline from its all-time high of $87.73 reached on January 26, 2026—just three weeks ago. The token has lost nearly half its value over the past week alone, down 47.7% in seven-day trading.
The monthly performance is even more severe, with River down 65.9% over the past 30 days, reflecting sustained bearish momentum in the cryptocurrency.
Market Position Weakens
River currently ranks #188 by market capitalization among all cryptocurrencies. With a circulating supply of 19.6 million tokens out of a maximum supply of 100 million, the token’s fully diluted valuation stands at $920.7 million.
The token’s 24-hour trading range shows extreme volatility, with a high of $13.14 and a low of $9.22—a spread of over 42% that underscores the turbulent market conditions.
Context and Market Implications
While the specific catalyst for today’s sharp decline remains unclear, the selloff adds to River’s extended downtrend since late January. The token has given back the majority of gains accumulated since its all-time low of $1.58 recorded on September 23, 2025.
The market cap decline of $71.8 million in a single day represents a 28.5% contraction, matching the percentage price decline and indicating limited inflows to offset the selling pressure.
Traders and investors will be watching for support levels around the $9 mark and any potential stabilization signals as River tests price levels last seen during its recovery phase in late 2025.
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