Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BARD (Lombard) plunges over 40% after 24-hour price swing reaches 118.5%: Token unlock triggers massive selling pressure

BARD (Lombard) plunges over 40% after 24-hour price swing reaches 118.5%: Token unlock triggers massive selling pressure

Bitget PulseBitget Pulse2026/03/19 01:45
Show original
By:Bitget Pulse

Volatility Brief

In the past 24 hours, BARD’s price soared from a high of $1.19989 before plummeting sharply, hitting a low of $0.5491. It is currently quoted at $0.6551, with an amplitude as high as 118.5%, and an overall decline of about 37-41%. The 24-hour trading volume surged by 1584.5% to approximately $301 million, indicating an extreme liquidity flush.

Brief Analysis of the Cause of Abnormal Fluctuations

• Token Unlocking as the Main Driver: About 30 million BARD tokens (accounting for 13% of total supply), worth roughly $32 million, were unlocked, directly triggering massive sell pressure and causing the price to crash 45% from around $1.05.

• Explosive Trading Volume: 24-hour selling volume spiked by 1504% to $322 million, accompanied by liquidity liquidations and amplified market downturn effects.

Market Views and Outlook

Mainstream community sentiment remains negative, with comments like “the crash journey has begun” or “sell pressure from unlocked tokens persists.” Some opinions see $0.62-0.65 as a potential bottom-fishing zone, but warn that a break below could drive the price toward $0.60. Analysts suggest that if sell pressure eases and the $0.65 support holds, the price could attempt to consolidate; otherwise, risks loom for further downside, with attention needed on bitcoin’s stabilization.

Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for informational reference only.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

To deliver computing power, Oracle uses trucks to transport natural gas to power its data centers

To address pipeline delays in AI data center construction, Oracle has adopted an unconventional energy supply method by transporting compressed natural gas via trucks, which has already been implemented in Utah and Texas, and is also being considered for the "Project Jupiter" in New Mexico. However, this solution costs four times as much as pipeline natural gas and is limited in scale, covering only a small fraction of the project's total capacity.

华尔街见闻•2026/10/08 23:32

US Treasury yields soar to a 24-year high; US Treasury advisors expect future declines as AI investments and energy shocks drive up borrowing costs

David Zervos, senior advisor to U.S. Treasury Secretary Yellen and a veteran Wall Street professional, stated on Thursday that despite the recent surge in U.S. Treasury yields to their highest levels in decades, the current real yields are significantly elevated compared to historical levels, suggesting room for a decline in the future.

智通财经•2026/10/08 22:37

St. Louis Fed President: Further rate hikes needed over the next 6 to 9 months; inflation remains the top issue for the US economy

St. Louis Federal Reserve President Musalem said on Thursday that the Federal Reserve still needs to raise interest rates further in order to bring U.S. inflation back to the 2% target in a timely manner.

智通财经•2026/10/08 22:37