IR (Infrared) fluctuates 44.4% in 24 hours: trading volume surge triggers severe price volatility

Volatility Overview

In the past 24 hours, the price of IR rebounded from a low of $0.01901 to a high of $0.02745, currently reported at $0.02034, with a price swing of 44.4%. The 24-hour trading volume reached approximately $7.54 million, significantly higher than usual.

Brief Analysis of the Cause of Abnormal Movement

- Bitget Pulse monitoring shows that IR trading volume surged in the past 24 hours, directly pushing the price from a low of $0.01881 to a high of $0.02745, with a fluctuation of 45.9%.

- Similar volatility has occurred repeatedly in the near term, such as a 46.7% fluctuation one day ago, also driven by trading volume.

No official announcements, on-chain whale large transfers, or mainstream news event reports were observed in the past 24 hours.

Market View and Outlook

Community discussion is limited. On X, traders are short-term bearish on IRUSDT, expecting a pullback from around $0.01830 to the $0.01740–0.01600 range. According to CoinMarketCap data, IR recorded a slight 24-hour increase of 0.456%, but high volatility persists. Analysts warn that low-liquidity tokens are easily affected by trading volume and advise caution against further price swings.