BREAKING: Siren (SIREN) Crashes 67.7% to $0.67 in 24 Hours

April 18, 2026 – Siren (SIREN) has suffered a severe market collapse, plunging 67.7% in the past 24 hours to trade at $0.670895, according to real-time market data.

The dramatic selloff has wiped out approximately $944 million from Siren’s market capitalization, which now stands at $502 million. The token has fallen from a 24-hour high of $2.21 to a low of $0.329729 before recovering slightly to current levels.

Key Market Metrics

Trading volume has surged to $103.8 million as panic selling intensified throughout the day. The token, which ranks #103 by market capitalization, is now trading 81% below its all-time high of $3.61 reached on March 22, 2026.

The crash represents one of the most significant single-day declines for a top-200 cryptocurrency in recent months. Short-term price action shows continued weakness, with the token down 1.67% in the past hour and 5.17% over the past week.

Market Context

With a circulating supply of 727.3 million tokens out of a maximum supply of 1 billion, Siren’s fully diluted valuation currently matches its market cap at $502 million. The 30-day performance shows a broader decline of 24.2%, suggesting mounting pressure on the token even before today’s crash.

Despite the catastrophic 24-hour performance, Siren remains up 2,492% from its all-time low of $0.0263 recorded on March 11, 2025, highlighting the token’s extreme volatility since launch.

What This Means for Traders

The sudden price collapse combined with elevated trading volume suggests a major deleveraging event or coordinated selling pressure. Traders should exercise extreme caution, as the token has demonstrated high volatility and could experience further sharp movements in either direction.

The market cap decline of over 65% in a single day indicates significant loss of investor confidence. Market participants should monitor for official announcements from the Siren team regarding potential causes of the selloff.

This is a developing story. Market conditions are highly volatile and subject to rapid change.