<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:media="http://search.yahoo.com/mrss/"
>

<channel>
	<title>price drop Archives - Coin Engineer</title>
	<atom:link href="https://coinengineer.net/blog/tag/price-drop/feed/" rel="self" type="application/rss+xml" />
	<link>https://coinengineer.net/blog/tag/price-drop/</link>
	<description>Btc, Coins, Pre-Sale, DeFi, NFT</description>
	<lastBuildDate>Tue, 13 Jan 2026 06:23:40 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.9.4</generator>

<image>
	<url>https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png</url>
	<title>price drop Archives - Coin Engineer</title>
	<link>https://coinengineer.net/blog/tag/price-drop/</link>
	<width>32</width>
	<height>32</height>
</image> 
	<item>
		<title>Why is Lighter (LIT) Price Dropping?</title>
		<link>https://coinengineer.net/blog/why-is-lighter-lit-price-dropping/</link>
					<comments>https://coinengineer.net/blog/why-is-lighter-lit-price-dropping/#respond</comments>
		
		<dc:creator><![CDATA[Yeliz Akmaca]]></dc:creator>
		<pubDate>Tue, 13 Jan 2026 06:23:40 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Crypto Analysis]]></category>
		<category><![CDATA[Lighter Token]]></category>
		<category><![CDATA[LIT Analysis]]></category>
		<category><![CDATA[price drop]]></category>
		<category><![CDATA[Technical Break]]></category>
		<category><![CDATA[token supply]]></category>
		<category><![CDATA[Treasury Buyback]]></category>
		<category><![CDATA[whale activity]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=61565</guid>

					<description><![CDATA[<p>The recent price drop in Lighter token may initially look like a routine market cooldown. But the developments on January 12 and 13 suggest otherwise. Timing, liquidity and market expectations broke down simultaneously, opening a window that exposed deeper structural weakness. As the week began, LIT repeatedly tested key support levels. This wasn’t just scattered</p>
<p>The post <a href="https://coinengineer.net/blog/why-is-lighter-lit-price-dropping/">Why is Lighter (LIT) Price Dropping?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="1261" data-end="1538">The recent price drop in <strong>Lighter</strong> token may initially look like a routine market cooldown. But the developments on January 12 and 13 suggest otherwise. Timing, liquidity and market expectations broke down simultaneously, opening a window that exposed deeper structural weakness.</p>
<p data-start="1540" data-end="1722">As the week began, LIT repeatedly tested key support levels. This wasn’t just scattered profit-taking. The price action pointed to something more persistent than a short-lived panic.</p>
<h3 data-start="1724" data-end="1771">The Post-Airdrop Balance Never Fully Formed</h3>
<p data-start="1773" data-end="1999">The real fracture appeared after the airdrop. The new supply dynamics never truly settled. A large portion of distributed tokens failed to stay parked on-chain for long, leaving the order book thin even during upward attempts.</p>
<p data-start="2001" data-end="2161">Selling didn’t arrive in one wave. It came in intervals, steady enough to erode buyer confidence. That pattern explains why every rebound attempt faded quickly.</p>
<h3 data-start="2163" data-end="2203">January 12 Delivered a Quiet Warning</h3>
<p data-start="2205" data-end="2454">Market commentary on January 12 shared a common note: momentum was weakening and volume wasn’t supporting price. It wasn’t an aggressive call, but it mattered. At the time, price still looked technically intact, which made the risk easier to ignore.</p>
<p data-start="2456" data-end="2566">That disconnect created a fragile setup. Buyers stepped back. Sellers waited. The imbalance was already there.</p>
<h3 data-start="2568" data-end="2604">Buyback Optimism Failed to Stick</h3>
<p data-start="2606" data-end="2804">In early January, Lighter announced a treasury buyback program directing 50% of protocol fees toward token repurchases. The move briefly lifted sentiment and pushed LIT toward the 2.89 dollar level.</p>
<p data-start="2806" data-end="3057">Yet the recovery leaned heavily on large wallets rather than broad demand. On-chain data showed buying concentrated among a small group of whale addresses, while early investors continued selling into strength. The move never spread across the market.</p>
<p data-start="3059" data-end="3198">At the same time, sector-wide capital rotation added pressure. The buyback was priced in, but it failed to evolve into a lasting narrative.</p>
<h3 data-start="3200" data-end="3247">January 13 Was the Outcome, Not the Trigger</h3>
<p data-start="3249" data-end="3431">By January 13, the structure was already compromised. Support levels held visually, but real buyers weren’t defending them. A modest sell wave was enough to set off a chain reaction.</p>
<p data-start="3433" data-end="3627">Thin order books, accumulated leverage and a lack of near-term catalysts converged. Liquidations followed, stops were hit and price moved down fast. The panic came after the move, not before it.</p>
<h3 data-start="3629" data-end="3649">Why This Matters</h3>
<p data-start="3651" data-end="3822">What happened to Lighter isn’t unique. It highlights how quickly markets punish gaps between supply management and expectation control, especially in early-stage projects.</p>
<p data-start="3824" data-end="4004">Product development may continue, but price doesn’t trade on potential alone. When timing is vague, liquidity is shallow and narrative runs ahead of structure, patience disappears.</p>
<h3 data-start="4006" data-end="4025">What Comes Next</h3>
<p data-start="4027" data-end="4190">In the short term, the key question is whether selling pressure truly fades. Without sustained calm in on-chain activity, forming a healthy base will be difficult.</p>
<p data-start="4192" data-end="4363">A clearly timed, measurable update from the team could still shift sentiment quickly. Until then, the market appears to have placed Lighter in a temporary holding pattern.</p>
<p data-start="4365" data-end="4566">This move looks less like a sudden collapse and more like delayed price discovery. Whether that process has finished remains unclear — and for now, uncertainty is exactly what the market is pricing in.</p>
<p data-start="4365" data-end="4566"><em>You can freely share your thoughts and comments about the topic in the comment section. Additionally, please don’t forget to follow us on our <a href="https://t.me/coinengineernews" target="_blank" rel="noreferrer noopener">Telegram, </a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener">YouTube</a> and <a href="https://twitter.com/coinengineers">Twitter</a> channels for the latest news.</em></p>
<p>The post <a href="https://coinengineer.net/blog/why-is-lighter-lit-price-dropping/">Why is Lighter (LIT) Price Dropping?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://coinengineer.net/blog/why-is-lighter-lit-price-dropping/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
		<media:content url='https://coinengineer.net/blog/wp-content/uploads/2026/01/lighter.jpg' type='image/webp' medium='image' width='1920' height='1080'><media:title type='plain'> <![CDATA[USA]]></media:title><media:thumbnail url='https://coinengineer.net/blog/wp-content/uploads/2026/01/lighter.jpg' width='58' height='33' /></media:content>	</item>
		<item>
		<title>Crypto Market Watch: ASTER and HYPE Fall, Altcoins Struggle</title>
		<link>https://coinengineer.net/blog/crypto-market-watch-aster-and-hype-fall-altcoins-struggle/</link>
					<comments>https://coinengineer.net/blog/crypto-market-watch-aster-and-hype-fall-altcoins-struggle/#respond</comments>
		
		<dc:creator><![CDATA[Yeliz Akmaca]]></dc:creator>
		<pubDate>Sat, 18 Oct 2025 09:30:50 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[altcoins]]></category>
		<category><![CDATA[ASTER]]></category>
		<category><![CDATA[bitcoin]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[ethereum]]></category>
		<category><![CDATA[hype]]></category>
		<category><![CDATA[Market Update]]></category>
		<category><![CDATA[price drop]]></category>
		<category><![CDATA[rypto]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=54493</guid>

					<description><![CDATA[<p>The crypto market experienced volatility over the weekend, pushing the total market capitalization above $3.7 trillion. However, around $500 billion in value was lost over the past week. Bitcoin dropped below $104,000 on most exchanges, marking the lowest level in months and raising concerns among investors. Altcoins such as ETH, BNB, XRP, SOL, and DOGE</p>
<p>The post <a href="https://coinengineer.net/blog/crypto-market-watch-aster-and-hype-fall-altcoins-struggle/">Crypto Market Watch: ASTER and HYPE Fall, Altcoins Struggle</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="265" data-end="584">The <strong>crypto market</strong> experienced volatility over the weekend, pushing the total market capitalization above $3.7 trillion. However, around $500 billion in value was lost over the past week. Bitcoin dropped below $104,000 on most exchanges, marking the lowest level in months and raising concerns among investors.</p>
<p data-start="586" data-end="786">Altcoins such as ETH, BNB, XRP, SOL, and DOGE also faced sharp declines, with <a href="https://coinengineer.net/blog/aster-airdrop-postponed-due-to-allocation-issues/"><strong>ASTER</strong></a> and <strong>HYPE</strong> tokens standing out for their notable losses. Bitcoin price swings created uncertainty across the crypto market.</p>
<h2 data-start="788" data-end="824">Bitcoin Stabilizes at $107,000</h2>
<p data-start="826" data-end="1148">Earlier in the week, Bitcoin fell from $122,000 to $110,000, dipping to $101,000 on some exchanges. It recovered slightly over the weekend, staying above $110,000. During the workweek, it reached $116,000 before suddenly dropping back to $110,000. Ethereum trades at $3,875, while ZBT coin rose 31% and HYPER gained 25%.</p>
<p data-start="1150" data-end="1383">After support broke on Thursday, Bitcoin dropped first to $108,000, then below $104,000. Comments from U.S. President Trump regarding tariffs on China being temporary helped Bitcoin retest $106,000, eventually settling at $107,000.</p>
<h2 data-start="1385" data-end="1426">Altcoin Losses and Market Movements</h2>
<p data-start="1428" data-end="1482">Altcoins were largely affected by Bitcoin’s decline:</p>
<ul data-start="1484" data-end="1660">
<li data-start="1484" data-end="1509">
<p data-start="1486" data-end="1509">ETH fell below $3,900</p>
</li>
<li data-start="1510" data-end="1556">
<p data-start="1512" data-end="1556">BNB lost 3%, dropping below $1,100 support</p>
</li>
<li data-start="1557" data-end="1622">
<p data-start="1559" data-end="1622">TRX, DOGE, ADA, LINK, HYPE, BCH, SUI, AVAX, and HBAR declined</p>
</li>
<li data-start="1623" data-end="1660">
<p data-start="1625" data-end="1660">XRP, SOL, and XLM saw minor gains</p>
</li>
</ul>
<p data-start="1662" data-end="1841">Notable losses include COAI (-17%), AAVE (-5.3%), and ASTER (-5%), while ENA (+16.5%) and TAO (+11%) posted gains. These trends indicate ongoing market volatility for investors.</p>
<h2 data-start="1843" data-end="1863">Key Highlights</h2>
<ul data-start="1865" data-end="2065">
<li data-start="1865" data-end="1897">
<p data-start="1867" data-end="1897">Bitcoin steadied at $107,000</p>
</li>
<li data-start="1898" data-end="1939">
<p data-start="1900" data-end="1939">ASTER and HYPE saw significant losses</p>
</li>
<li data-start="1940" data-end="1978">
<p data-start="1942" data-end="1978">General altcoin downtrend persists</p>
</li>
<li data-start="1979" data-end="2022">
<p data-start="1981" data-end="2022">Crypto Market cap remains around $3.7 trillion</p>
</li>
<li data-start="2023" data-end="2065">
<p data-start="2025" data-end="2065">Weekly losses approximate $500 billion</p>
</li>
</ul>
<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <a href="https://t.me/coinengineernews">Telegram</a>, <a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener nofollow">YouTube</a>, and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener">Twitter</a> channels for the latest <a title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/crypto-market-watch-aster-and-hype-fall-altcoins-struggle/">Crypto Market Watch: ASTER and HYPE Fall, Altcoins Struggle</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://coinengineer.net/blog/crypto-market-watch-aster-and-hype-fall-altcoins-struggle/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
		<media:content url='https://coinengineer.net/blog/wp-content/uploads/2025/09/digitalx_ce-4.jpg' type='image/webp' medium='image' width='1920' height='1080'><media:title type='plain'> <![CDATA[USA]]></media:title><media:thumbnail url='https://coinengineer.net/blog/wp-content/uploads/2025/09/digitalx_ce-4.jpg' width='58' height='33' /></media:content>	</item>
		<item>
		<title>Bitcoin Breaks Key Support: Is a Deeper Drop on the Horizon?</title>
		<link>https://coinengineer.net/blog/bitcoin-breaks-key-support-is-a-deeper-drop-on-the-horizon/</link>
					<comments>https://coinengineer.net/blog/bitcoin-breaks-key-support-is-a-deeper-drop-on-the-horizon/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Tue, 08 Jul 2025 10:00:41 +0000</pubDate>
				<category><![CDATA[Coin Analysis]]></category>
		<category><![CDATA[EN]]></category>
		<category><![CDATA[bearish signal]]></category>
		<category><![CDATA[bitcoin]]></category>
		<category><![CDATA[Bitcoin trend]]></category>
		<category><![CDATA[bitcoin update]]></category>
		<category><![CDATA[btc]]></category>
		<category><![CDATA[BTC correction]]></category>
		<category><![CDATA[crypto investing]]></category>
		<category><![CDATA[crypto market]]></category>
		<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[Crypto Volatility]]></category>
		<category><![CDATA[market outlook]]></category>
		<category><![CDATA[Market Reaction]]></category>
		<category><![CDATA[price action]]></category>
		<category><![CDATA[price drop]]></category>
		<category><![CDATA[resistance rejection]]></category>
		<category><![CDATA[support loss]]></category>
		<category><![CDATA[support resistance]]></category>
		<category><![CDATA[technical analysis]]></category>
		<category><![CDATA[technical breakdown]]></category>
		<category><![CDATA[Trading Strategy]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=45702</guid>

					<description><![CDATA[<p>After a period of relative calm in the crypto markets, the tide has turned as Bitcoin faces renewed downward pressure. The 109,400-dollar resistance level, a key technical barrier, once again proved too strong for bulls to overcome. This rejection sent BTC into a rapid decline, raising concerns among traders and market observers alike. New Resistance</p>
<p>The post <a href="https://coinengineer.net/blog/bitcoin-breaks-key-support-is-a-deeper-drop-on-the-horizon/">Bitcoin Breaks Key Support: Is a Deeper Drop on the Horizon?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="2588" data-end="2825">After a period of relative calm in the crypto markets, the tide has turned as <strong data-start="2666" data-end="2677">Bitcoin</strong> faces renewed downward pressure. The 109,400-dollar resistance level, a key technical barrier, once again proved too strong for bulls to overcome.</p>
<p data-start="2827" data-end="2935">This rejection sent <strong data-start="2847" data-end="2854">BTC</strong> into a rapid decline, raising concerns among traders and market observers alike.</p>
<h2 data-start="2937" data-end="2985">New Resistance Emerges As Key Level Breaks</h2>
<p data-start="2986" data-end="3248">Following the failed attempt to breach 109,400 dollars, <strong data-start="3042" data-end="3053">Bitcoin</strong> also lost the 108,791-dollar support, falling as low as 107,500 dollars. With this shift, 108,791 now acts as a fresh resistance point, while the next critical support lies near 107,000 dollars.</p>
<hr />
<p data-start="3250" data-end="3479"><em>You Might Be Interested In: <span style="color: #0000ff;"><a style="color: #0000ff;" href="https://coinengineer.net/blog/elon-musk-talks-about-the-name-of-a-new-memecoin/">Elon Musk Talks About the Name of a New Memecoin!</a></span></em></p>
<hr />
<p data-start="3250" data-end="3479">Analysts warn that if this support fails, <strong data-start="3292" data-end="3299">BTC</strong> could continue its slide toward the 105,000-dollar range, marking a deeper correction in the short term. Such a move could trigger further selling and a rise in bearish sentiment.</p>
<figure id="attachment_161093" aria-describedby="caption-attachment-161093" style="width: 1811px" class="wp-caption aligncenter"><img fetchpriority="high" decoding="async" class="wp-image-161093 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/07/Bitcoin-BTC-2.png" alt="Bitcoin, BTC" width="1811" height="866" /><figcaption id="caption-attachment-161093" class="wp-caption-text"><em>BTC/USDT pair 4-hour chart.</em></figcaption></figure>
<h2 data-start="3481" data-end="3519">What Should Investors Watch For?</h2>
<p data-start="3520" data-end="3746">Given the recent developments, caution is advised. Technical indicators are weakening, and declining trading volumes suggest a drop in market confidence. Holding the 107,000-dollar support is essential for a potential rebound.</p>
<p data-start="3748" data-end="3940">Should that level give way, <strong data-start="3776" data-end="3787">Bitcoin</strong> may face accelerated losses. Investors are urged to manage risk carefully and set clear stop-loss levels to protect against further downside volatility.</p>
<hr />
<p data-start="3748" data-end="3940"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <span style="color: #0000ff;"><a href="https://t.me/coinengineernews">Telegram</a><span style="color: #000000;">,</span> <a style="color: #0000ff;" href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener nofollow">YouTube</a></span><span style="color: #000000;">,</span> and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><span style="color: #0000ff;">Twitter</span></a> channels for the latest<span style="color: #0000ff;"> <a style="color: #0000ff;" title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a></span> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/bitcoin-breaks-key-support-is-a-deeper-drop-on-the-horizon/">Bitcoin Breaks Key Support: Is a Deeper Drop on the Horizon?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://coinengineer.net/blog/bitcoin-breaks-key-support-is-a-deeper-drop-on-the-horizon/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
		<media:content url='https://coinengineer.net/blog/wp-content/uploads/2025/01/Bitcoin-Tests-New-Lows-Is-80000-Possible.png' type='image/webp' medium='image' width='1920' height='1080'><media:title type='plain'> <![CDATA[USA]]></media:title><media:thumbnail url='https://coinengineer.net/blog/wp-content/uploads/2025/01/Bitcoin-Tests-New-Lows-Is-80000-Possible.png' width='58' height='33' /></media:content>	</item>
		<item>
		<title>Why are Bitcoin, ETH, XRP, and DOGE Dropping Today?</title>
		<link>https://coinengineer.net/blog/crypto-market-crash-bitcoin-drops-102579/</link>
					<comments>https://coinengineer.net/blog/crypto-market-crash-bitcoin-drops-102579/#respond</comments>
		
		<dc:creator><![CDATA[Yeliz Akmaca]]></dc:creator>
		<pubDate>Mon, 19 May 2025 11:00:44 +0000</pubDate>
				<category><![CDATA[Coin Analysis]]></category>
		<category><![CDATA[Market Analysis]]></category>
		<category><![CDATA[bitcoin]]></category>
		<category><![CDATA[bitcoin liquadition]]></category>
		<category><![CDATA[bitcoin price]]></category>
		<category><![CDATA[coinbase]]></category>
		<category><![CDATA[crypto crash]]></category>
		<category><![CDATA[crypto market]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[dogecoin]]></category>
		<category><![CDATA[ethereum]]></category>
		<category><![CDATA[market analysis]]></category>
		<category><![CDATA[price drop]]></category>
		<category><![CDATA[QCP Capital]]></category>
		<category><![CDATA[S&P 500]]></category>
		<category><![CDATA[Swissblock]]></category>
		<category><![CDATA[volatility]]></category>
		<category><![CDATA[xrp]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=42661</guid>

					<description><![CDATA[<p>The crypto market is undergoing a sharp decline. Bitcoin (BTC) price fell from $107,114 to $102,579. This drop is also affecting Ethereum (ETH), XRP, and Dogecoin (DOGE) prices. In the last 24 hours, $651 million in positions were liquidated. Bitcoin has gained approximately $12,000 in value so far in May. It rose from $94,000 to</p>
<p>The post <a href="https://coinengineer.net/blog/crypto-market-crash-bitcoin-drops-102579/">Why are Bitcoin, ETH, XRP, and DOGE Dropping Today?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span data-c>The <strong>crypto market</strong> is undergoing a sharp decline. <strong>Bitcoin (BTC)</strong> price fell from $107,114 to $102,579. This drop is also affecting<strong> Ethereum (ETH), XRP, and <a href="https://coinengineer.net/blog/dogecoin-super-cycle-2025-whale-accumulation/">Dogecoin (DOGE)</a></strong> prices. In the last 24 hours, <strong>$651 million in positions</strong> were liquidated. Bitcoin has gained approximately $12,000 in value so far in May. It rose from $94,000 to above $106,000, then retreated to around $102,000.</span><span data-ccp-props="{}"> </span></p>
<h2><span data-c>Reasons for Bitcoin Price Crash</span><span data-ccp-props="{}"> </span></h2>
<p><span data-c>Firstly, <strong>Bitcoin</strong> encountered technical resistance. Last week,<strong> BTC</strong>, which surpassed the high of $105,663, succumbed to heavy selling pressure. This led to a 4.23% price drop. CoinGlass data shows that <strong>$84.68 million of liquidations</strong> came from short positions, with <strong>$50.96 million</strong> from shorts. Additionally, <strong>Bitcoin’s volatility</strong> is at a 10-month low, making investors cautious. A bearish engulfing candlestick erased Sunday’s 3.23% gain. The critical support level stands out at $101,000. The volatility being at a <strong>10-month low is keeping</strong> investors cautious.</span><span data-ccp-props="{}"> </span></p>
<p><span data-c><strong>QCP Capital believes digital</strong> assets have more room for recovery. The expectation is particularly strengthened by <strong>Coinbase’s inclusion in the S&amp;P 500</strong> on May 19. Swissblock analysts observed that Bitcoin collected liquidity above the $104,000-$106,000 resistance range but failed to break out of this zone. Swissblock expects a decline if the price fails to hold the<strong> $101,500-$102,50</strong>0 range. Based on historical <strong>on-chain volume</strong> and transaction data, analysts identify the <strong>$97,000-$98,500</strong> range as a significant downside target.</span><span data-ccp-props="{}"> </span></p>
<h2><span data-c>Altcoin Decline and Future Expectations</span><span data-ccp-props="{}"> </span></h2>
<p><span data-c>Altcoins show high correlation with Bitcoin. Therefore, <a href="https://coinengineer.net/blog/bitcoin-transaction-fees-hit-2025-peak/"><strong>BTC’s</strong></a> crash hit <strong>ETH, XRP, and DOGE</strong>. Ethereum lost <strong>8.76%, XRP 5.31%, and DOGE 9.11%</strong> in the last 13 hours. However, the overall outlook remains bullish. <strong>Bitcoin targets of $118,000 and $135,000</strong> seem feasible. As a result, the $100,300 to $99,800 range should be watched as a support zone. Investors expect a slowdown in these levels.</span><span data-ccp-props="{}"> </span></p>
<p><em><strong>**NOT INVESTMENT ADVICE** </strong></em></p>
<p><span data-ccp-props="{}"> <em class="darkmysite_style_txt_border darkmysite_processed" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" href="https://t.me/coinengineernews" target="_blank" rel="noreferrer noopener nofollow" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)"><strong class="darkmysite_style_txt_border darkmysite_processed" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">Telegram, </strong></a><a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener nofollow" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)"><strong class="darkmysite_style_txt_border darkmysite_processed" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">YouTube</strong></a>, and <a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)"><strong class="darkmysite_style_txt_border darkmysite_processed" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">Twitter</strong></a> channels for the latest <a class="darkmysite_style_txt_border darkmysite_style_link darkmysite_processed" title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7" data-darkmysite_alpha_bg="rgba(0, 0, 0, 0)">news</a> and updates.</em></span></p>
<p>The post <a href="https://coinengineer.net/blog/crypto-market-crash-bitcoin-drops-102579/">Why are Bitcoin, ETH, XRP, and DOGE Dropping Today?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://coinengineer.net/blog/crypto-market-crash-bitcoin-drops-102579/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
		<media:content url='https://coinengineer.net/blog/wp-content/uploads/2025/05/taslak-ce-2025-05-19T120132.966.png' type='image/webp' medium='image' width='1920' height='1080'><media:title type='plain'> <![CDATA[USA]]></media:title><media:thumbnail url='https://coinengineer.net/blog/wp-content/uploads/2025/05/taslak-ce-2025-05-19T120132.966.png' width='58' height='33' /></media:content>	</item>
		<item>
		<title>Whale Transfers 1,366,028 SOL to Exchanges!</title>
		<link>https://coinengineer.net/blog/whale-transfers-1366028-sol-to-exchanges/</link>
					<comments>https://coinengineer.net/blog/whale-transfers-1366028-sol-to-exchanges/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Wed, 26 Feb 2025 13:30:16 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[EN]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[binance]]></category>
		<category><![CDATA[coinbase]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[investor sentiment]]></category>
		<category><![CDATA[price drop]]></category>
		<category><![CDATA[sell pressure]]></category>
		<category><![CDATA[sol]]></category>
		<category><![CDATA[SOL Price]]></category>
		<category><![CDATA[solana]]></category>
		<category><![CDATA[staking rate]]></category>
		<category><![CDATA[technical analysis]]></category>
		<category><![CDATA[trading volume]]></category>
		<category><![CDATA[volatility]]></category>
		<category><![CDATA[whale movement]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=37379</guid>

					<description><![CDATA[<p>A whale has unstaked 1,366,028 SOL tokens (worth $198 million) and transferred them to FalconX. Subsequently, FalconX deposited 440,202 SOL (worth $62.6 million) to Binance and Coinbase. This movement could impact SOL’s liquidity and lead to increased volatility. Whale Activity Sparks Increased Volatility in SOL Market On February 26, 2025, a significant market movement occurred.</p>
<p>The post <a href="https://coinengineer.net/blog/whale-transfers-1366028-sol-to-exchanges/">Whale Transfers 1,366,028 SOL to Exchanges!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="80" data-end="371">A whale has unstaked 1,366,028 <strong data-start="111" data-end="118">SOL</strong> tokens (worth $198 million) and transferred them to <strong data-start="171" data-end="182">FalconX</strong>. Subsequently, <strong data-start="198" data-end="209">FalconX</strong> deposited 440,202 <strong data-start="228" data-end="235">SOL</strong> (worth $62.6 million) to <strong data-start="261" data-end="272">Binance</strong> and <strong data-start="277" data-end="289">Coinbase</strong>. This movement could impact <strong data-start="318" data-end="325">SOL</strong>’s liquidity and lead to increased volatility.</p>
<h2 data-start="373" data-end="433">Whale Activity Sparks Increased Volatility in SOL Market</h2>
<p data-start="435" data-end="977">On February 26, 2025, a significant market movement occurred. According to Lookonchain data, a whale unstaked 1,366,028 <strong data-start="555" data-end="562">SOL</strong> (valued at $198 million) and transferred it to <strong data-start="610" data-end="621">FalconX</strong>. After this transfer, <strong data-start="644" data-end="655">FalconX</strong> deposited 440,202 <strong data-start="674" data-end="681">SOL</strong> (valued at $62.6 million) to <strong data-start="711" data-end="722">Binance</strong> and <strong data-start="727" data-end="739">Coinbase</strong>. Following this movement, <strong data-start="766" data-end="773">SOL</strong>&#8216;s price initially dropped from $145.00 to $142.50. During this period, trading volumes increased, with <strong data-start="877" data-end="888">Binance</strong> recording 5.2 million <strong data-start="911" data-end="918">SOL</strong> traded and <strong data-start="930" data-end="942">Coinbase</strong> seeing 3.8 million <strong data-start="962" data-end="969">SOL</strong> traded.</p>
<hr />
<p data-start="979" data-end="1200"><strong><em>You Might Be Interested In: <a href="https://coinengineer.net/blog/elon-musk-talks-about-the-name-of-a-new-memecoin/">Elon Musk Talks About the Name of a New Memecoin!</a></em></strong></p>
<hr />
<p data-start="979" data-end="1200">This whale’s actions have created a perception of selling pressure, which led to a price dip. By 15:00 UTC, <strong data-start="1087" data-end="1094">SOL</strong>’s price further decreased to $140.00, reflecting the market’s reaction to the perceived selling pressure.</p>
<p data-start="1202" data-end="1520">For <strong data-start="1206" data-end="1213">SOL</strong>, these developments could lead investors to adjust their strategies. The unstaked <strong data-start="1296" data-end="1303">SOL</strong> tokens moving to centralized exchanges could indicate a potential sell-off, further increasing volatility. In this case, traders should be cautious of potential price declines and adjust their strategies accordingly.</p>
<hr />
<p data-start="1202" data-end="1520"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <a href="https://t.me/coinengineernews" target="_blank" rel="nofollow noopener"><strong>Telegram, </strong></a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="nofollow noopener"><strong>YouTube</strong></a>, and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><strong>Twitter</strong></a> channels for the latest <a title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/whale-transfers-1366028-sol-to-exchanges/">Whale Transfers 1,366,028 SOL to Exchanges!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://coinengineer.net/blog/whale-transfers-1366028-sol-to-exchanges/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
		<media:content url='https://coinengineer.net/blog/wp-content/uploads/2025/02/solana_ce.png' type='image/webp' medium='image' width='1920' height='1080'><media:title type='plain'> <![CDATA[USA]]></media:title><media:thumbnail url='https://coinengineer.net/blog/wp-content/uploads/2025/02/solana_ce.png' width='58' height='33' /></media:content>	</item>
		<item>
		<title>Jupiter at Critical Support Zone! Will the Downtrend End?</title>
		<link>https://coinengineer.net/blog/jupiter-at-critical-support-zone-will-the-downtrend-end/</link>
					<comments>https://coinengineer.net/blog/jupiter-at-critical-support-zone-will-the-downtrend-end/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Tue, 18 Feb 2025 09:30:53 +0000</pubDate>
				<category><![CDATA[Coin Analysis]]></category>
		<category><![CDATA[EN]]></category>
		<category><![CDATA[4-hour chart]]></category>
		<category><![CDATA[buying opportunities]]></category>
		<category><![CDATA[crypto]]></category>
		<category><![CDATA[Crypto Analysis]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[daily chart]]></category>
		<category><![CDATA[FVG]]></category>
		<category><![CDATA[ınvestment]]></category>
		<category><![CDATA[jup]]></category>
		<category><![CDATA[jupiter]]></category>
		<category><![CDATA[market analysis]]></category>
		<category><![CDATA[market conditions]]></category>
		<category><![CDATA[order block]]></category>
		<category><![CDATA[price action]]></category>
		<category><![CDATA[price drop]]></category>
		<category><![CDATA[Resistance Levels]]></category>
		<category><![CDATA[support levels]]></category>
		<category><![CDATA[technical analysis]]></category>
		<category><![CDATA[trend analysis]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=36779</guid>

					<description><![CDATA[<p>Jupiter (JUP) continues to test significant technical levels. On the daily chart, if the price drops below the 0.7076 USD level, the 0.63 &#8211; 0.65 USD support range becomes highly crucial. This area hosts an unused order block, which indicates that it could provide strong support. A pullback to this region could potentially present a</p>
<p>The post <a href="https://coinengineer.net/blog/jupiter-at-critical-support-zone-will-the-downtrend-end/">Jupiter at Critical Support Zone! Will the Downtrend End?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p data-start="86" data-end="455"><strong data-start="86" data-end="103">Jupiter (JUP)</strong> continues to test significant technical levels. On the daily chart, if the price drops below the <strong data-start="201" data-end="215">0.7076 USD</strong> level, the <strong data-start="227" data-end="246">0.63 &#8211; 0.65 USD</strong> support range becomes highly crucial. This area hosts an unused <strong data-start="311" data-end="326">order block</strong>, which indicates that it could provide strong support. A pullback to this region could potentially present a buying opportunity.</p>
<h2 data-start="457" data-end="505">Jupiter&#8217;s Decline and Key Support Levels</h2>
<p data-start="507" data-end="832"><strong data-start="507" data-end="518">Jupiter</strong> has made its way down to important price zones. In the daily chart analysis, if the price breaks below <strong data-start="622" data-end="636">0.7076 USD</strong>, the <strong data-start="642" data-end="661">0.63 &#8211; 0.65 USD</strong> range will become an important support zone. This area includes an unused <strong data-start="736" data-end="751">order block</strong>, suggesting strong buying interest could emerge if the price reaches this level.</p>
<hr />
<p data-start="834" data-end="1104"><strong><em>You Might Be Interested In: <a href="https://coinengineer.net/blog/elon-musk-talks-about-the-name-of-a-new-memecoin/">Elon Musk Talks About the Name of a New Memecoin!</a></em></strong></p>
<hr />
<p data-start="834" data-end="1104">Moreover, previous price actions and trading volumes have made this area a significant price region. If tested, it could trigger strong buying pressure, and the price might bounce back. However, if the price falls below this support, further selling pressure may follow.</p>
<p><img decoding="async" class="wp-image-148589 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/02/JUPUSDT.P_2025-02-18_11-55-38_b4852.png" alt="" width="1822" height="859" /></p>
<h2 data-start="1106" data-end="1151">What’s Happening on the 4-Hour Chart?</h2>
<p data-start="1153" data-end="1565">On the <strong data-start="1160" data-end="1176">4-hour chart</strong>, Jupiter has broken its previous downtrend, attempted a rally but has pulled back to the current support after testing a <strong data-start="1298" data-end="1322">downward order block</strong> level. This indicates that Jupiter is facing a struggle to hold the current levels. The <strong data-start="1411" data-end="1444">downward FVG (Fair Value Gap)</strong> region can serve as a potential resistance level to monitor. Traders may be waiting for a reversal signal at this level.</p>
<p data-start="1567" data-end="1826">If the <strong data-start="1574" data-end="1588">FVG region</strong> is broken, the upward movement might strengthen, pushing the price to test higher untested resistance levels. However, the crucial point to watch here is whether buyers will step in. If they do, the price could stabilize and move higher.</p>
<p><img decoding="async" class="wp-image-148588 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/02/jupiter.png" alt="jupiter" width="1826" height="862" /></p>
<hr />
<p data-start="1567" data-end="1826"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <a href="https://t.me/coinengineernews" target="_blank" rel="nofollow noopener"><strong>Telegram, </strong></a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="nofollow noopener"><strong>YouTube</strong></a>, and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><strong>Twitter</strong></a> channels for the latest <a title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/jupiter-at-critical-support-zone-will-the-downtrend-end/">Jupiter at Critical Support Zone! Will the Downtrend End?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://coinengineer.net/blog/jupiter-at-critical-support-zone-will-the-downtrend-end/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
		<media:content url='https://coinengineer.net/blog/wp-content/uploads/2025/01/photo_2025-01-18_20-30-07.jpg' type='image/webp' medium='image' width='1920' height='1080'><media:title type='plain'> <![CDATA[USA]]></media:title><media:thumbnail url='https://coinengineer.net/blog/wp-content/uploads/2025/01/photo_2025-01-18_20-30-07.jpg' width='58' height='33' /></media:content>	</item>
		<item>
		<title>Melania Coin: Could It Rise as High as Trump Coin?</title>
		<link>https://coinengineer.net/blog/melania-coin-could-it-rise-as-high-as-trump-coin/</link>
					<comments>https://coinengineer.net/blog/melania-coin-could-it-rise-as-high-as-trump-coin/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Thu, 23 Jan 2025 11:30:14 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[EN]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[blockchain projects]]></category>
		<category><![CDATA[crypto crash]]></category>
		<category><![CDATA[cryptocurrency market analysis]]></category>
		<category><![CDATA[Melania Coin]]></category>
		<category><![CDATA[price drop]]></category>
		<category><![CDATA[social media manipulation]]></category>
		<guid isPermaLink="false">https://coinengineer.net/blog/?p=35391</guid>

					<description><![CDATA[<p>In recent days, one of the most dramatic drops in the crypto market has been seen in Melania Coin. Losing nearly 70% of its value within a few days, this coin has become the center of attention. Yet, this story is about more than just numbers—it involves the hidden forces, social dynamics, and future potential</p>
<p>The post <a href="https://coinengineer.net/blog/melania-coin-could-it-rise-as-high-as-trump-coin/">Melania Coin: Could It Rise as High as Trump Coin?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>In recent days, one of the most dramatic drops in the crypto market has been seen in <strong>Melania Coin</strong>. Losing nearly 70% of its value within a few days, this coin has become the center of attention. Yet, this story is about more than just numbers—it involves the hidden forces, social dynamics, and future potential behind the crash.</p>
<h2>The Technical Picture Behind the Decline</h2>
<p>A closer look at the charts reveals that the decline in <strong>Melania Coin</strong> didn’t happen overnight. Starting from levels near 12,000 USDT, the drop accelerated as key support levels were broken. Downward-moving averages further confirmed that buyers lost control of the market. But is this solely about technical factors, or is there an unseen force driving the decline?</p>
<p><img loading="lazy" decoding="async" class="aligncenter wp-image-146190 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/01/melania-coin.png" alt="" width="1816" height="832" /></p>
<hr />
<p><strong><em>You Might Be Interested In: <a href="https://coinengineer.net/blog/elon-musk-shared-that-memecoin-flew-up-500/">Elon Musk Shared, That Memecoin Flew: Up 500%!</a></em></strong></p>
<hr />
<h2>Could Melania Coin Become the New Trump Coin?</h2>
<p>Projects tied to political names, like <strong>Trump Coin</strong>, often generate big promises and a &#8220;hype&#8221; wave. However, these projects often face sustainability issues. <strong>Melania Coin</strong> has the potential to create similar popularity with its name, but there is a key difference: <strong>Trump Coin</strong> quickly harnessed its name to rally a community, whereas <strong>Melania Coin</strong> seems to be facing a different scenario. The team must establish a stronger marketing strategy and a sustainable roadmap. Otherwise, this coin may only be remembered as a hype product.</p>
<p>Community support is crucial for crypto projects. Social media platforms have been both a great opportunity and a significant risk for <strong>Melania Coin</strong>. Contradictory statements and rumors spreading on platforms like Twitter and Telegram have led to panic among investors. This situation highlights the critical importance of a clear communication strategy. <strong>Melania Coin&#8217;s</strong> team must adopt a more transparent and clear approach to address this uncertainty.</p>
<p><img loading="lazy" decoding="async" class="aligncenter wp-image-146199 size-full" src="https://coinmuhendisi.com/blog/wp-content/uploads/2025/01/melania-coin-1.png" alt="" width="1807" height="834" /></p>
<h2>What Lies Ahead for Melania Coin?</h2>
<p>Every crash brings new opportunities. However, the recovery of <strong>Melania Coin</strong> will depend not just on market conditions but also on the project&#8217;s technical infrastructure, the team&#8217;s future plans, and community engagement. If <strong>Melania Coin</strong> hopes to replicate the success of <strong>Trump Coin</strong>, it must go beyond short-term hype and present a long-term vision.</p>
<hr />
<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <a href="https://t.me/coinengineernews" target="_blank" rel="nofollow noopener"><strong>Telegram, </strong></a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="nofollow noopener"><strong>YouTube</strong></a>, and <a href="https://twitter.com/coinengineers" target="_blank" rel="nofollow noopener"><strong>Twitter</strong></a> channels for the latest <a title="News" href="https://coinengineer.net/blog/news/" data-internallinksmanager029f6b8e52c="7">news</a> and updates.</em></p>
<p>The post <a href="https://coinengineer.net/blog/melania-coin-could-it-rise-as-high-as-trump-coin/">Melania Coin: Could It Rise as High as Trump Coin?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://coinengineer.net/blog/melania-coin-could-it-rise-as-high-as-trump-coin/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
		<media:content url='https://coinengineer.net/blog/wp-content/uploads/2025/01/doge_ce-1.png' type='image/webp' medium='image' width='1920' height='1080'><media:title type='plain'> <![CDATA[USA]]></media:title><media:thumbnail url='https://coinengineer.net/blog/wp-content/uploads/2025/01/doge_ce-1.png' width='58' height='33' /></media:content>	</item>
		<item>
		<title>Another Crypto Platform Suffers Hack, Altcoin Price Plummets</title>
		<link>https://coinengineer.net/blog/another-crypto-platform-suffers-hack-altcoin-price-plummets/</link>
					<comments>https://coinengineer.net/blog/another-crypto-platform-suffers-hack-altcoin-price-plummets/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Sun, 23 Jun 2024 15:30:26 +0000</pubDate>
				<category><![CDATA[Exchange News]]></category>
		<category><![CDATA[Altcoin]]></category>
		<category><![CDATA[CoinStats]]></category>
		<category><![CDATA[crypto]]></category>
		<category><![CDATA[hack]]></category>
		<category><![CDATA[market impact]]></category>
		<category><![CDATA[MKR]]></category>
		<category><![CDATA[price drop]]></category>
		<category><![CDATA[security breach]]></category>
		<guid isPermaLink="false">https://coinengineer.io/?p=23393</guid>

					<description><![CDATA[<p>Another crypto platform has informed its users that they have experienced a hack incident. An altcoin was affected as a result of the incident. Popular crypto portfolio tracking app CoinStats has reported a security breach. The breach impacted wallets created directly within the CoinStats app, and some iOS users received phishing notifications. According to the</p>
<p>The post <a href="https://coinengineer.net/blog/another-crypto-platform-suffers-hack-altcoin-price-plummets/">Another Crypto Platform Suffers Hack, Altcoin Price Plummets</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Another crypto platform has informed its users that they have experienced a hack incident. An altcoin was affected as a result of the incident.</p>
<p>Popular crypto portfolio tracking app <a href="https://coinengineer.net/blog/shiba-inu-holder-turns-2625-into-1-1-million-amid-memecoin-surge/">CoinStats</a> has reported a security breach. The breach impacted wallets created directly within the CoinStats app, and some iOS users received phishing notifications.</p>
<p>According to the company, approximately 1.3% of CoinStats wallets were affected, representing a total of 1,590 wallets. Users are being asked to immediately use their exported private keys to transfer funds as a precaution.</p>
<blockquote><p><strong>It May Attract Your Attention:</strong> <a href="https://coinengineer.net/blog/ftx-made-new-altcoin-transfer/">FTX Has Made a New Altcoin Transfer</a></p></blockquote>
<p>In the hack incident, a wallet belonging to Blurr.eth was compromised. The hacker managed to steal 3,657 MKR worth $8.7 million and sold it for 2,482 ETH on-chain.</p>
<p>-This theft had a significant impact on the market and caused the price of the MKR altcoin to drop from $2.462 to $2.280, representing a 7% drop in the short term.</p>
<p>Despite the partial recovery following the sudden drop, the MKR price has not been able to reach its pre-hack level. At the time of writing, the MKR price is trading at $2.390.</p>
<div id="gtx-trans" style="position: absolute; left: 148px; top: 194.609px;">
<div class="gtx-trans-icon"></div>
</div>
<p>The post <a href="https://coinengineer.net/blog/another-crypto-platform-suffers-hack-altcoin-price-plummets/">Another Crypto Platform Suffers Hack, Altcoin Price Plummets</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://coinengineer.net/blog/another-crypto-platform-suffers-hack-altcoin-price-plummets/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
		<media:content url='https://coinengineer.net/blog/wp-content/uploads/2023/07/Curve-Finance-hacked.jpg' type='image/webp' medium='image' width='1920' height='1080'><media:title type='plain'> <![CDATA[USA]]></media:title><media:thumbnail url='https://coinengineer.net/blog/wp-content/uploads/2023/07/Curve-Finance-hacked.jpg' width='58' height='33' /></media:content>	</item>
		<item>
		<title>Popular Memecoin Attacked, Price Drops 99%!</title>
		<link>https://coinengineer.net/blog/popular-memecoin-attacked-price-drops-99/</link>
					<comments>https://coinengineer.net/blog/popular-memecoin-attacked-price-drops-99/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Sun, 26 May 2024 15:30:34 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
		<category><![CDATA[base]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[flash loan attack]]></category>
		<category><![CDATA[memecoin]]></category>
		<category><![CDATA[Normie]]></category>
		<category><![CDATA[price drop]]></category>
		<guid isPermaLink="false">https://coinengineer.io/?p=21315</guid>

					<description><![CDATA[<p>Popular memecoin Normie has seen its price plummet by over 99% after falling victim to a flash loan attack. Here are the details. A memecoin named Normie has been subjected to a severe attack that caused its price to drop by over 99% in just a minute. The token&#8217;s market capitalization, in a shocking turn</p>
<p>The post <a href="https://coinengineer.net/blog/popular-memecoin-attacked-price-drops-99/">Popular Memecoin Attacked, Price Drops 99%!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Popular memecoin Normie has seen its price plummet by over 99% after falling victim to a flash loan attack. Here are the details.</p>
<p>A memecoin named Normie has been subjected to a severe attack that caused its price to drop by over 99% in just a minute.</p>
<p>The token&#8217;s market capitalization, in a shocking turn of events, plunged from a staggering $40 million to around $170,000.</p>
<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-21316" src="https://coinengineer.net/blog/wp-content/uploads/2024/05/Drops.webp" alt="" width="1200" height="800" srcset="https://coinengineer.net/blog/wp-content/uploads/2024/05/Drops.webp 1200w, https://coinengineer.net/blog/wp-content/uploads/2024/05/Drops-300x200.webp 300w, https://coinengineer.net/blog/wp-content/uploads/2024/05/Drops-1024x683.webp 1024w, https://coinengineer.net/blog/wp-content/uploads/2024/05/Drops-768x512.webp 768w" sizes="auto, (max-width: 1200px) 100vw, 1200px" /></p>
<p>Normie&#8217;s supply was significantly inflated by the attacker exploiting a vulnerability in the token contract&#8217;s tax mechanism to execute a flash loan attack. This type of attack involves borrowing a large amount of <a href="https://coinengineer.net/blog/fed-survey-shows-18m-fewer-cryptocurrency-users-in-2023/">cryptocurrency</a> and using it to manipulate the market before repaying the loan within the same transaction.</p>
<p>Trading at $0.042 before the attack, Normie&#8217;s price has nosedived by 99.54% as of this writing, hovering around $0.0001812.</p>
<p>However, the token was not listed on any major centralized exchanges. It was only trading on Justin Sun&#8217;s crypto exchange HTX and decentralized exchanges. The token experienced a staggering 24-hour trading volume of $41.3 million due to the attack.</p>
<p>Normie was operating on Coinbase&#8217;s layer-2 solution Base.</p>
<p>The post <a href="https://coinengineer.net/blog/popular-memecoin-attacked-price-drops-99/">Popular Memecoin Attacked, Price Drops 99%!</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://coinengineer.net/blog/popular-memecoin-attacked-price-drops-99/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
		<media:content url='https://coinengineer.net/blog/wp-content/uploads/2024/03/Bitcoin-5.webp' type='image/webp' medium='image' width='1920' height='1080'><media:title type='plain'> <![CDATA[USA]]></media:title><media:thumbnail url='https://coinengineer.net/blog/wp-content/uploads/2024/03/Bitcoin-5.webp' width='58' height='33' /></media:content>	</item>
		<item>
		<title>Breaking: SEC Issues Wells Notice to Robinhood, Bitcoin Price Dips</title>
		<link>https://coinengineer.net/blog/breaking-sec-issues-wells-notice-to-robinhood-bitcoin-price-dips/</link>
					<comments>https://coinengineer.net/blog/breaking-sec-issues-wells-notice-to-robinhood-bitcoin-price-dips/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Mon, 06 May 2024 12:56:15 +0000</pubDate>
				<category><![CDATA[Genel]]></category>
		<category><![CDATA[bitcoin]]></category>
		<category><![CDATA[cryptocurrency]]></category>
		<category><![CDATA[lawsuit]]></category>
		<category><![CDATA[price drop]]></category>
		<category><![CDATA[robinhood]]></category>
		<category><![CDATA[sec]]></category>
		<category><![CDATA[Wells Notice]]></category>
		<guid isPermaLink="false">https://coinengineer.io/?p=19737</guid>

					<description><![CDATA[<p>In a significant development, Reuters has reported that the U.S. Securities and Exchange Commission (SEC) has sent a Wells Notice to Robinhood, a popular cryptocurrency trading platform. A Wells Notice serves as a formal warning that the SEC may initiate legal action against the recipient. Robinhood has expressed disappointment over the SEC&#8217;s decision, stating, &#8220;We</p>
<p>The post <a href="https://coinengineer.net/blog/breaking-sec-issues-wells-notice-to-robinhood-bitcoin-price-dips/">Breaking: SEC Issues Wells Notice to Robinhood, Bitcoin Price Dips</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>In a significant development, Reuters has reported that the U.S. Securities and Exchange Commission (SEC) has sent a Wells Notice to Robinhood, a popular cryptocurrency trading platform.</p>
<p>A Wells Notice serves as a formal warning that the <a href="https://coinengineer.net/blog/blackrock-continues-to-support-tokenization-with-major-investment-in-securitize/">SEC</a> may initiate legal action against the recipient. Robinhood has expressed disappointment over the SEC&#8217;s decision, stating, &#8220;We are disappointed that the SEC has decided to issue a Wells Notice regarding our crypto business in the United States.&#8221;</p>
<p>The news of the Wells Notice has had an immediate impact on the cryptocurrency market, with Bitcoin prices dropping below $64,000.</p>
<p>The post <a href="https://coinengineer.net/blog/breaking-sec-issues-wells-notice-to-robinhood-bitcoin-price-dips/">Breaking: SEC Issues Wells Notice to Robinhood, Bitcoin Price Dips</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://coinengineer.net/blog/breaking-sec-issues-wells-notice-to-robinhood-bitcoin-price-dips/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
		<media:content url='https://coinengineer.net/blog/wp-content/uploads/2023/12/Robinhood.png' type='image/webp' medium='image' width='1920' height='1080'><media:title type='plain'> <![CDATA[USA]]></media:title><media:thumbnail url='https://coinengineer.net/blog/wp-content/uploads/2023/12/Robinhood.png' width='58' height='33' /></media:content>	</item>
	</channel>
</rss>
