BREAKING: River (RIVER) Crashes 22% to $15.26 in Sharp Selloff
BREAKING: River (RIVER) has experienced a severe 22% decline in the past 24 hours, plunging from approximately $19.57 to $15.26 as of 3:58 AM UTC on March 7, 2026.
The sharp selloff has wiped $84.7 million from River’s market capitalization, which now stands at $298.9 million, placing the token at rank #130 among cryptocurrencies. Trading volume surged to $39.8 million as the token saw heightened selling pressure.
Price Action Details
River touched a 24-hour low of $14.99 before recovering slightly to its current level of $15.26. The token reached a 24-hour high of $21.05 before the dramatic reversal, representing a swing of nearly $6 from peak to trough.
The decline marks a significant retreat from River’s all-time high of $87.73, recorded on January 26, 2026. The token is now trading 82.8% below that peak, though it remains up 854% from its all-time low of $1.58 set in September 2025.
Recent Performance Context
Despite today’s sharp decline, River has shown strong performance over longer timeframes. The token is up 32% over the past 7 days and has gained 9.1% over the past 30 days, suggesting recent bullish momentum has been abruptly reversed.
The past hour saw an additional 0.11% decline, indicating continued selling pressure in the immediate term.
Market Capitalization Impact
With 19.6 million tokens in circulation out of a maximum supply of 100 million, River’s fully diluted valuation currently sits at $1.52 billion. The circulating supply represents just 19.6% of the total token supply, suggesting significant future dilution potential.
The 22.1% drop in market capitalization in 24 hours represents one of the most severe single-day declines for River since its launch.
Market observers are closely monitoring key support levels as traders assess whether this represents a temporary correction or the beginning of a more sustained downtrend. The $15 psychological level appears to be providing immediate support after the token briefly dipped below it to $14.99.
This is a developing story. Further updates will be provided as more information becomes available.
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