BREAKING: River Token Crashes 20.7% to $12.91 in Sharp Selloff
River (RIVER) has experienced a dramatic 20.7% price collapse in the past 24 hours, plunging to $12.91 as of March 9, 2026, 7:44 AM UTC.
The sharp decline has erased $66.1 million from River’s market capitalization, which now stands at $251.9 million, placing the token at rank #146 among all cryptocurrencies. The selloff intensified in the past hour, with prices dropping an additional 3.4%.
Price Action and Trading Volume
River reached a 24-hour high of $16.27 before tumbling to its current level near the session low of $12.87. The token is now trading 85.3% below its all-time high of $87.73, which was recorded on January 26, 2026—just six weeks ago.
Trading volume has surged to $20.4 million as investors react to the price movement, indicating significant market participation during the downturn.
Recent Performance Trends
The current decline extends a broader downtrend for River token. Over the past seven days, RIVER has fallen 11.7%, while the 30-day performance shows a 3.4% decline. The token has experienced considerable volatility since reaching its peak in late January.
With 19.6 million tokens in circulation out of a maximum supply of 100 million, River’s fully diluted valuation currently sits at $1.29 billion, suggesting substantial dilution potential as more tokens enter circulation.
Market Context
Despite today’s sharp losses, River remains significantly above its all-time low of $1.58, recorded on September 23, 2025. From that low point, the token had gained over 716% before the recent selloff began.
The cryptocurrency market has experienced mixed performance in early March 2026, with various tokens showing heightened volatility. River’s 20% single-day decline represents one of the more significant moves among mid-cap cryptocurrencies today.
At current prices, River maintains a market capitalization above $250 million, though the rapid deterioration in value has raised questions about near-term support levels and investor sentiment.
This is a developing story. Additional details will be published as they become available.
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