PLANCK 24-Hour Volatility at 127.6%: Exchange Delisting Announcement Triggers Surge in Trading Volume and Intense Fluctuations

Brief Volatility Overview

In the past 24 hours, PLANCK price rebounded from a low of $0.000870 to a high of $0.001980, now quoted at $0.001420, with a price fluctuation amplitude of 127.6%. The 24-hour trading volume was approximately $1.03 to $1.41 million, with a market capitalization of about $80,000.

Analysis of Volatility Causes

- The Binance Alpha delisting announcement triggered a surge in trading volume, pushing the price up from a low of $0.00087 to a high of $0.00123-$0.00198, registering a volatility of 41.4%-127.6%.

- Bitget will delist the PLANCK/USDT trading pair on March 20, further amplifying market panic and retail trading activity.

- On-chain data shows no significant whale transfers or large buys; the volatility is mainly driven by retail trading.

Market Views and Outlook

The market and community sentiment is predominantly bearish, with CoinGecko showing a negative outlook toward PLANCK; discussions on X platform allege the project is suspected of a Rug Pull, and the team (including CEO @HamstraDiam) remains silent with no updates, urging investors to be cautious of delisting risks. Going forward, downward pressure may persist, and attention should be paid to Bitget’s delisting execution and potential liquidity contraction.