- Vaulta, formerly EOS, plunged to a lows of $0.14 to mark its drop to a new all-time low.
- The token was down 20% in the past 24 hours and saw trading volume spike by more than 400%.
- Selling pressure might see A extend losses to a new level.
Vaulta’s price has crashed 20% in the past 24 hours, with bears smashing through support to hit a new all-time low under $0.14.
This brutal drop, which occurred amid a spike in daily spot volume, deepens the pain for the token formerly known as EOS, which had traded as high as $0.77 in May last year.
If not aware, Vaulta rebranded from the former EOS network in early 2025, moving from a smart contracts-focused platform to a web3 banking network.
Bulls saw the A token rise to the all-time high highlighted above before this uptick began to evaporate.
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The past 24 hours have seen Dash and Axie Infinity extend gains, but on the other end of the line are top losers like Kaito and Vaulta.
Vaulta price: profit-taking sees A hit a new all-time low
The panic selling that gripped the broader crypto market as Bitcoin shed gains from its all-time high of $126,000 meant A dumped sharply.
Post-rebrand optimism fading allowed sellers to accelerate the capitulation.
Vaulta’s slide has now pushed prices to a new all-time low, with sellers flooding the market and crushing momentum. Data from CoinMarketCap shows daily trading volume jumped more than 400% to $128 million.
The downside action that has led to a broader altcoin market slowdown could amplify the pain for Vaulta.
Many altcoins’ struggles are tied to Bitcoin’s own stumbles below $100,000 and current poise near key support levels.
Technical outlook spells doom
Vaulta’s charts paint a nightmare scenario for bulls. The token has recently recoiled off the 50-day exponential moving average, which has acted as a resistance zone around $0.18-$0.20.
Other technical indicators signal a bearish stranglehold, with the Relative Strength Index (RSI) sloping towards the oversold territory. While it could allow for a reversal, the reading of 34 means there is room for another leg down.
Elsewhere, the Moving Average Convergence Divergence indicator hints at a bearish crossover.
Buyers may eye a rebound amid long-shot catalysts such as network upgrades and broader altcoin market bounces. However, near-term sentiment remains toxic with open interest sinking to $13 million.
According to Coinglass data, the unforgiving downside action has also pushed the open interest weighted funding rate to -0.0294%.
The post Vaulta price crashes 20% to new all-time low below $0.14 appeared first on CoinJournal.
Vaulta price crashes 20% to new all-time low below $0.14
Source: https://coinjournal.net/news/vaulta-price-crashes-20-to-new-all-time-low-below-0-14/
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research (DYOR).
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research (DYOR).
