BREAKING: River (RIVER) Crashes 21.4% to $12.68 in 24 Hours
River (RIVER) has plummeted 21.4% in the past 24 hours, trading at $12.68 as of March 28, 2026, in a sharp selloff that has erased over $63 million from its market capitalization.
The token opened the day at approximately $16.12 before crashing to an intraday low of $12.32, marking a steep decline from its 24-hour high of $18.19. Current trading volume stands at $40.1 million as investors react to the sudden price movement.
Market Impact
River’s market capitalization has contracted to $248.2 million, down $63.9 million or 20.5% in 24 hours. The token now ranks #145 by market cap, with a fully diluted valuation of $1.27 billion based on its maximum supply of 100 million tokens.
The current circulating supply stands at 19.6 million RIVER tokens, representing just under 20% of the total supply.
Extended Price Performance
The 24-hour decline extends a brutal week for River holders. Over the past seven days, the token has crashed 42.7%, significantly underperforming the broader cryptocurrency market. The past hour alone saw an additional 0.39% decline, suggesting continued selling pressure.
However, River remains up 35.5% over the past 30 days, indicating recent gains have been substantially retraced by this week’s selloff.
Historical Context
River reached its all-time high of $87.73 on January 26, 2026, just two months ago. At current prices, the token is down 85.6% from that peak, representing a significant correction from early-year highs.
The token’s all-time low of $1.58 was recorded on September 23, 2025. Despite today’s decline, River remains up over 700% from that bottom, though momentum has clearly shifted bearish in recent weeks.
What’s Next
Traders will be watching the $12.32 support level established during today’s selloff. A break below this level could trigger additional selling, while a bounce may attract bargain hunters looking to capitalize on the sharp decline.
With elevated trading volume of $40.1 million—well above typical levels—the market is showing high engagement during this volatile period. The next 24 hours will be critical in determining whether River can stabilize or faces further downside pressure.
This is a developing story. Price data current as of March 28, 2026, 00:14 UTC.
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