📉 Sudden Drop in KOGE Token Following Stabilization: What Happened?
Today, the KOGE token (48 Club Token), operating on the BNB Chain, surprised the market with a sharp decline on the 15-minute chart, reaching a low of $43.90 before quickly returning to its usual range of around $63.53. Despite the significant drop, the price stabilized within minutes, indicating a possible atypical market movement or momentary manipulation.
This volatility may be related to mass selling, poorly executed orders, or even some internal event within the DAO ecosystem responsible for the token. The traded volume during this period was extremely high — over 1.1 billion units, reinforcing the idea of a large isolated transaction.
With over 15,900 holders and a market capitalization of US$ 214.75 million, the token continues to show strength, but this movement serves as a warning for investors: close monitoring is essential in assets with low relative liquidity and high volume concentration in a few wallets.
📊 Stay alert and assess risks before trading!