Planck Token Price Crash 2 Reasons: Will Planck Network Recover

Will Planck Network Price Hit $5? Planck Token Price Crash Prediction

Planck Network listing price crash is one of the hottest topics going on around the crypto market today. Even though it launched on multiple top exchanges like Binance, KuCoin, Kraken, MEXC, Bitget, SupereX, Gateio, BingX, and more, the massive 90% Planck token price crash in just a few hours of debut shocked the industry. 

The coin started around $1.809, but quickly fell to almost $0.18. This huge drop on the first day is not just technical, but also due to Binance planck listing and airdrop failure along with weak market momentum.

This article will explain the surprising reasons behind the fall and where the crash might settle down next.

90% Drop: Why Planck Token Price Crash Was a Disaster on Listing Day

The whole crypto market is a bit shaky right now, but one of the biggest price drop reasons was the confusing way the giveaway was handled.

1. Airdrop Announced: Binance wallet on its official X account told users that with at least 220 Binance Alpha Points, users could claim 200 of these tokens for free, but just after the launch airdrop delay news hit the market. BNB said, "The token airdrop is currently delayed. Please wait..."

Then the giveaway finally started again later at 13:30 (UTC). This sudden delay combined with investor rush, created the perfect Planck token price crash disaster. 

2. Crypto Market Crash and Fear: The overall crypto was also down. Bitcoin and Ethereum prices fell sharply, and the Crypto Fear and Greed Index dropped to 15. Because of this panic, traders sold new assets to cut their losses, adding more pressure on the price.

The Numbers Don't Lie: Market Looks Overload

As per latest Planck crypto news CoinMarketCap chart numbers, thing got really messy for the this new coin:

• Trading Volume in 24 hours shot up to over $41 million, which is an increase of over 198,000%! This proves that a lot of selling happened as soon as the asset became available.

• Out of 500M total supply, its low circulation around 76.55 million caused short term oversupply.

• The value of the market cap dropped from $93M to $14.22 million.

The technical measure ASI is very low at 12.62, confirming that not many people are buying right now.

Planck Token Price Prediction 2025: Where Is the Bottom?

Short Term: After exploring why is coin falling today, if the price falls below the $0.17 support zone, the asset will take a bloodbath around $0.10-$0.15.

Mid Term: If airdrop hype fades, and the community brings some new updates to gain investors' trust back, then the price crash may recover around $0.17-$0.20.

Will Planck Network hit $5? Long Term Prediction: The token must stay above $0.17, to go higher. If overall cryptocurrency sentiment improves, then it might target $1-$2.50 levels by 2025.

For the asset to hit $5, it needs strong ecosystem growth, new feature updates, technical breakout patterns, and early alt season. As of now there’s no clear signs of recovery yet, so the token might move sideways.

Conclusion

Today’s price drop is nothing, but a massive sell-off playbook. Delayed binance airdrop, weak technical momentum, and crypto market crash all together fueled the listing disaster. 

Right now, the focus is on finding a steady, realistic price. Traders should keep an eye on its support and resistance levels, to watch the network’s bull vs. bear momentum.

Disclaimer: This article is only for information. Always DYOR and take expert advice before investing in digital tokens.