Ethereum experienced a significant 9% drop, triggering market volatility and panic selling among investors. The decline was attributed to factors such as panic selling, delayed news, and liquidations, which collectively contributed to the cryptocurrency's downturn. In contrast, IPO Genie remained unaffected by the broader market turbulence. The platform's stability is credited to its presale model, which features fixed pricing during stages and a focus on private market access. This structure has reportedly helped IPO Genie absorb market shocks, offering investors a stable, low-pressure investment option during periods of market instability.