After an 8-Day 25x Surge, STO Plunges 70% in 30 Minutes, Top Gainer Experiences Synchronized Fall

BlockBeats News, April 2nd, according to market data, STO tokens have risen by 2458% (25.5 times) in the past 8 days, from $0.0727 to a peak of $1.86 (Binance price), but experienced a flash crash of 70% within half an hour after 17:20 Beijing time today, hitting a low of $0.528, and is now priced at $0.66, still up 164% in the past 24 hours.

An interesting phenomenon is that even though Bitcoin and Ethereum are still undisputedly in a bear market recently, some long-silent coins have begun to show signs of life. Taking the current top 5 gainers on Binance as an example, including STO, all of them have been maintaining a long-term unilateral downtrend and started to rise about 5 to 6 days ago, followed by a synchronous decline after the STO crash, including:

NOM started to rise 6 days ago, with a cumulative highest increase of 590%, and a maximum drop of 27% after 17:20

SOLV started to rise 4 days ago, with a cumulative highest increase of 137%, and a maximum drop of 26% after 17:20

D started to rise 5 days ago, with a cumulative highest increase of 180%, and a maximum drop of 29% after 17:20

HEMI started to rise 5 days ago, with a cumulative highest increase of 67%, and a maximum drop of 14% after 17:20