BREAKING: Siren (SIREN) Crashes 20% to $0.47 in Sharp Selloff
Siren (SIREN) has experienced a dramatic 20% price decline, falling to $0.472554 as of March 16, 2026, marking one of the token’s most significant single-day losses since its recent surge.
The cryptocurrency plummeted from a 24-hour high of $0.675876 to a low of $0.481738, with the current price representing a near-bottom within that range. The sharp decline has erased approximately $74.4 million in market capitalization, bringing the token’s total market cap down to $356.2 million.
Trading Volume Surges Amid Selloff
The selloff has been accompanied by elevated trading activity, with 24-hour volume reaching $14.8 million. The price action appears particularly volatile in recent hours, with the token declining 16.3% in just the past hour alone, suggesting intensifying selling pressure.
Notably, the current price sits 22.9% below Siren’s all-time high of $0.675876, which was recorded earlier today at 03:36:40 UTC. The rapid reversal from all-time highs to current levels indicates a swift change in market sentiment.
Market Context and Recent Performance
Despite today’s sharp decline, Siren remains significantly elevated from longer-term lows. The token is still up 1,878% from its all-time low of $0.026347, recorded on March 11, 2025. Over the past 30 days, SIREN has gained approximately 199%, indicating the recent surge preceded today’s correction.
The token’s market cap rank currently stands at #121 among all cryptocurrencies, with a circulating supply of 728.2 million tokens out of a maximum supply of 1 billion.
Weekly Performance Mixed
Over the past seven days, Siren has declined just 1.1%, suggesting today’s selloff represents the bulk of recent losses. The broader weekly stability contrasts sharply with today’s dramatic price action.
Market participants are closely monitoring whether the token will find support at current levels or continue its downward trajectory. The last update timestamp shows data current as of 17:58:54 UTC on March 16, 2026.
This is a developing story. Additional updates will be provided as more information becomes available.
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