#EDGENLiveOnAlpha

LayerEdge (EDGEN) experienced a significant price decline on June 2, 2025, shortly after its listing on major exchanges. The token debuted at $0.026494 on Binance Alpha and peaked at $0.05071 before plummeting over 57% to approximately $0.0218 within 24 hours. This sharp drop is attributed to early profit-taking, limited liquidity, and the token’s price discovery phase. Despite the downturn, trading volume surged to over $11.8 million, indicating strong market interest. Analysts suggest that EDGEN’s long-term value hinges on its adoption and utility within the LayerEdge ecosystem. Investors are advised to monitor the project’s development and market dynamics closely.