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SWEAT's 24-hour volatility reaches 54.3%: Trading volume surges with sharp selling pressure fluctuations

SWEAT's 24-hour volatility reaches 54.3%: Trading volume surges with sharp selling pressure fluctuations

Bitget PulseBitget Pulse2026/04/25 12:38
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By:Bitget Pulse

Volatility Overview

In the past 24 hours, the price of SWEAT rebounded from a low of $0.0001426 to a high of $0.00022, currently trading at $0.0002048, with an overall amplitude of 54.3% and a daily decline of about 15-17%. The 24-hour trading volume expanded to approximately $1.21-1.65 million, an increase of 53-87% compared to the previous day. The volume/market cap ratio reached 1.14, indicating high liquidity and turnover.

Brief Analysis of Abnormal Market Moves

- Surge in trading volume and high selling pressure: The 24-hour trading volume soared by 75.57% to $1.79 million, accompanied by capitulation-style sell-offs, driving the price to quickly retrace from its peak and confirming persistent distribution pressure.

- Kraken Learn & Earn partnership announcement: On April 24, SweatEconomy announced a new "Learn & Earn" campaign with Kraken, allowing users (except those in the UK) to earn SWEAT rewards by learning about Kraken, possibly triggering initial buying interest and pushing prices higher.

Market View and Outlook

The CMC community sentiment is bearish, with recent posts voicing concerns over continued price declines and the risk of a “slow rug pull,” with overall performance lagging behind the broader market. CoinGecko shows 50% bullish sentiment, but there is a lack of new catalysts. Analysts indicate that short-term downward pressure remains, and it is necessary to monitor subsequent liquidity and project updates. SWEAT has seen a minor rebound after touching recent lows within the last 4 hours.

Note: This analysis is automatically generated by AI based on public data and on-chain monitoring and is for informational reference only.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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