PLANCK (PLANCK) fluctuated 41.4% in 24 hours: Trading volume surged following BinanceAlpha delisting announcement

Volatility Briefing

In the past 24 hours, PLANCK's price rebounded from a low of $0.00087 to a high of $0.00123 and is currently quoted at $0.00123, with a price fluctuation of 41.4%. The 24-hour trading volume expanded to approximately $1.05 million - $1.46 million, and the market capitalization is around $80,000.

Brief Analysis of Abnormal Price Movement

- The delisting announcement on Binance Alpha directly triggered a surge in trading volume and intense price fluctuations, with a rebound from a low of $0.00101 to $0.00157. There have been no other official announcements or notable on-chain whale activities.

- Bitget announced it will delist the PLANCK/USDT trading pair on March 20, further amplifying market panic.

Market Views and Outlook

The prevailing sentiment in the community is highly negative, with multiple posts accusing the project of being a scam, claims of the team dumping their holdings daily (can be checked on BSC Scan), and the CEO @HamstraDiam and others disappearing and blocking critics; the market outlook is bearish, with analysts warning of cascade risks following delisting events, which may lead to further collapse.