POWER Token Collapses 90% in One Day

[lingriiddd]

After its February highs, POWER suffered a dramatic drop of 90% in a single day, falling to $0.15 intraday before recovering slightly to $0.18. This sharp decline pushed it to the top of CoinGecko’s daily losers list, with 64% of the community now bearish.

Analysts attribute the crash to:

A temporary pause on the Ronin Bridge, creating a price gap between on-chain markets and centralized exchanges.

An upcoming token unlock on March 5, representing 1.2% of total supply, fueling fears of selling pressure.

Community speculation is rife, with some calling it a “crime dump” or even a potential rug pull, though these remain unverified.

[cryptohog]

POWER holders now practicing advanced breathing techniques, mostly just screaming internally