Vaulta, previously known as EOS, has plunged 20% in the last 24 hours, reaching a new all-time low below $0.14. This sharp decline comes amid a significant increase in trading volume, which surged over 400% to $128 million. The token's price drop follows a broader market downturn, with Bitcoin's recent losses exacerbating the sell-off.
The rebranded Vaulta, which transitioned from a smart contracts platform to a web3 banking network in early 2025, has seen its value erode from a high of $0.77 in May last year. Technical indicators suggest further bearish momentum, with the token struggling below key resistance levels and the Relative Strength Index nearing oversold territory. Despite potential catalysts like network upgrades, the immediate outlook remains bleak as open interest continues to decline.
Vaulta Plummets 20% to Record Low Below $0.14 Amid Market Turmoil
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
