$TOWNS is trading around $0.0326, down about 1.3% in the last 24 hours and a sharp ~60% drop over the past week—highlighting a clear cooldown in momentum.
As a Web3 group chat protocol, $TOWNS powers decentralized messaging “Spaces” with on-chain memberships and encrypted, community-owned chats.
But with its price so far below the August 5 ATH of $0.0755, caution seems warranted.
$TOWNS under pressure—down more than 1% today and nearly 60% over the past week. While the project is technically intriguing, the market mood is leaning bearish.
