BREAKING: Siren (SIREN) Crashes 22.8% to $1.67 in Sharp Selloff

Siren (SIREN) experienced a dramatic selloff on March 27, 2026, plunging 22.8% to $1.67 as the cryptocurrency market witnessed sharp volatility across altcoins.

The token, currently ranked #61 by market capitalization, saw its valuation drop from approximately $2.16 to $1.67 in 24 hours, erasing $362.1 million in market cap. The current market capitalization stands at $1.21 billion with a fully diluted valuation matching that figure.

Trading volume surged to $41.9 million as investors rushed to exit positions, representing significant activity for the asset. The token hit an intraday low of $1.49 before recovering slightly to current levels, after reaching a 24-hour high of $2.35.

The selloff represents a 53.8% decline from Siren’s all-time high of $3.61, reached just five days ago on March 22, 2026. Despite today’s sharp correction, the token remains up substantially on longer timeframes, posting gains of 109.7% over the past week and 423.6% over the past 30 days.

The circulating supply of SIREN tokens stands at 728.2 million out of a maximum supply of 1 billion tokens, indicating approximately 72.8% of total supply is currently in circulation.

Market analysts note that the correction follows a parabolic rally that saw Siren gain over 6,200% from its all-time low of $0.026 recorded in March 2025. Such sharp pullbacks are common following rapid price appreciation in cryptocurrency markets.

The token experienced additional pressure in the past hour, declining 2.97% as selling momentum continued into the current trading session. The broader cryptocurrency market has shown mixed signals, with major assets experiencing varied performance.

With SIREN maintaining its position in the top 100 cryptocurrencies by market cap despite the selloff, traders are closely monitoring key support levels around $1.49 and potential resistance near the $2.00 psychological level.

No official statement has been released by the Siren protocol team regarding today’s price action. The project’s fundamentals and any potential catalysts for the recent volatility remain under scrutiny by market participants.