BREAKING: Siren (SIREN) Crashes 36% to $2.31 in 24-Hour Plunge
Siren (SIREN) has suffered a dramatic 36% price collapse in the past 24 hours, plunging from its all-time high of $3.61 to $2.31 as of March 23, 2026, at 17:29 UTC.
The cryptocurrency, currently ranked #49 by market capitalization, saw its valuation drop by $773 million, falling from approximately $2.45 billion to $1.68 billion in a single day.
Steep Intraday Volatility
Siren reached its all-time high of $3.61 just yesterday on March 22, 2026, at 17:26 UTC before entering a sharp downward spiral. The token hit an intraday low of $1.79, representing a 50% decline from its peak, before recovering slightly to current levels.
Trading volume surged to $112.1 million over the 24-hour period, indicating heightened market activity as investors reacted to the price movement. The token also declined 3.8% in the past hour alone, suggesting continued selling pressure.
Recent Performance Context
Despite today’s severe correction, Siren remains up significantly over longer timeframes. The token has gained 308% over the past week and an impressive 945% over the past 30 days, indicating strong recent momentum before the current selloff.
With a circulating supply of 728.2 million tokens out of a maximum supply of 1 billion, Siren maintains a fully diluted valuation of $1.68 billion at current prices.
Market Implications
The 36% single-day decline erases approximately one-third of Siren’s market value and comes after an explosive rally that saw the token appreciate over 8,600% from its all-time low of $0.026 recorded on March 11, 2025.
The sharp reversal highlights the extreme volatility characteristic of rapidly appreciating cryptocurrency assets, particularly those with recent parabolic price increases. Market observers are monitoring whether current support levels at $2.31 will hold or if further downside pressure could test the intraday low of $1.79.
The broader cryptocurrency market context and any project-specific developments related to Siren have not been immediately disclosed as contributing factors to the price movement.
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