PLANCK (PLANCK) 24-hour volatility reaches 127.6%: Panic sell-off and rebound triggered by BinanceAlpha delisting announcement

Volatility Overview

In the past 24 hours, PLANCK's price rebounded from a low of $0.000870 to a high of $0.001980, currently quoted at $0.001450, with a fluctuation amplitude of 127.6%. The 24-hour trading volume is approximately $1.03–1.34 million, which is higher than usual.

Brief Analysis of the Cause of Abnormal Fluctuations

- The Binance Alpha delisting announcement directly triggered a panic sell-off, causing the price to briefly touch $0.00087, followed by a short-term rebound.

- After the project team (including CEO @HamstraDiam and CTO @RohanTalwadia) released an announcement, they became silent. On-chain data indicates that the team wallet has continuously sold about 2 million tokens.

- KuCoin Futures will delist the PLANCKUSDT perpetual contract on March 17, further increasing market uncertainty.

Market Views and Outlook

The mainstream sentiment in the community is negative, with many labeling the project as a “scam” or suspected “rug pull,” emphasizing the disappearance of the team and delisting risks. Investors are advised to stay away to prevent further collapse. High volatility may persist in the market, and the momentum for short-term rebounds is limited. Caution is advised as more exchanges may follow with delistings.