BREAKING: River Token Crashes 21.5% to $6.06 in Market Selloff
River (RIVER) has suffered a severe 21.5% price crash in the past 24 hours, plunging to $6.06 as of April 18, 2026, according to real-time market data.
The sharp decline has erased $32.4 million from River’s market capitalization, which now stands at $118.5 million, placing the token at rank #249 among cryptocurrencies by market cap.
Steep Intraday Losses Continue
River’s downward spiral has accelerated throughout the day, with the token dropping an additional 4.8% in just the past hour. The 24-hour trading range has seen River swing between a high of $7.81 and a low of $5.96, with current prices hovering near the daily floor.
Trading volume has reached $17 million in the past 24 hours, reflecting heightened selling activity as investors exit positions.
Extended Decline from All-Time High
Today’s crash extends River’s catastrophic decline from its all-time high of $87.73, reached on January 26, 2026. The token has now shed 93.1% of its value from that peak in less than three months.
The broader selloff shows no signs of abating, with River down 30.4% over the past week and a staggering 74.3% over the past 30 days. These figures indicate sustained bearish momentum rather than isolated volatility.
Market Cap and Supply Metrics
With 19.6 million tokens in circulation out of a maximum supply of 100 million, River’s fully diluted valuation sits at approximately $604.5 million—significantly higher than its current market cap, suggesting substantial token unlock pressure ahead.
Despite the precipitous decline, River remains 283% above its all-time low of $1.58, recorded on September 23, 2025, though this provides little comfort to investors who entered positions during the token’s January peak.
What’s Next for River?
The cryptocurrency has yet to find a definitive support level, with technical indicators suggesting further downside risk if selling pressure continues. Market participants will be watching for any fundamental developments or protocol updates that could stabilize prices.
As of press time, River representatives have not issued any public statements regarding the price action or underlying causes of the selloff.
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