Caldera ($ERA ) is currently experiencing significant price volatility, having dropped from an all-time high of $2.00 to $0.9398. The primary reason for this price decline is profit-taking by investors who obtained tokens through airdrops and initial listings on major exchanges like Binance. The increased selling pressure from these early-stage investors and the negative sentiment in the overall crypto market have contributed to the price decrease. Despite this short-term volatility, analysts remain optimistic about Caldera's long-term potential due to its innovative Rollup-as-a-Service model.
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