Why Is Monero Dropping Today? 11% Fall as MEXC Delists XMR
Why is Monero dropping today? XMR fell about 11% to near $511 on Nov 13 as Bitcoin broke below $70K and MEXC delisted XMR spot and futures pairs.
News and updates on Ethereum, XRP, Solana, and other altcoins in plain words.
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Why is Monero dropping today? XMR fell about 11% to near $511 on Nov 13 as Bitcoin broke below $70K and MEXC delisted XMR spot and futures pairs.
Why is Injective dropping today? INJ fell about 10% to near $7.40 on Nov 12 after two chain halts in three days paused exchange deposits and withdrawals.
Binance says about 95% of assets hit in the $6.3B hack are replenished, phased withdrawals restarted Nov 1 with phase two from Nov 3, and the Oct 31 Proof of Reserves ZK proof is live for ten tokens.
Binance confirmed a ~$6.3B hot-wallet breach on Oct 29. About $3B frozen, withdrawals paused, deposits open; SAFU and company funds cover losses.
Why is Akedo dropping today? AKE fell about 20% to $0.030 on Oct 25 as a leverage-driven rally faded days after a 2.11 billion AKE token unlock.
Why is Worldcoin dropping today? WLD fell about 14% to $0.475 on Oct 24 as leveraged longs were liquidated around its monthly token unlock date.
Why is Pearl dropping today? PRL fell about 13% to $2.11 on Oct 23 as traders took profits after a record high and the wider crypto market slipped.
Why is LayerZero dropping today? ZRO fell ~12.6% to about $1.97 on Oct 17 as a leveraged rally unwound ahead of an Oct 20 insider unlock, CoinGecko shows.
Why is Bitway dropping today? BTW fell about 10% to $1.00 as an altcoin sell-off erased last week’s rally and short bets grew. No Bitway news was found.
Why is Rain dropping today? RAIN fell ~9.2% to about $0.00981 on Oct 14 amid ongoing October token unlocks and thin liquidity vs a multi-billion market cap.
Why is Pump.fun dropping today? PUMP fell ~13.3% to about $0.00507 on Oct 13 after Bitquery’s Solana sandwich-bot study hit sentiment.
Why is Starknet dropping today? STRK fell ~12% to about $0.095 on Oct 12 after profit-taking from a L1-narrative rally, with the Oct 15 unlock ahead.
Why is NEAR dropping today? NEAR fell ~12% to about $4.70 on Oct 9 amid a crypto selloff, leverage flush, and profit-taking after a sharp monthly rally.