LSK Drops 26.95% in 24 Hours Amid Volatility and Regulatory Scrutiny

On SEP 3 2025, LSK dropped by 26.95% within 24 hours to reach $0.369, marking continued turbulence for the token. Over the past week, LSK has plummeted by 80.43%, while over the last month it has recovered 27.1%. However, the 12-month period shows a steep decline of 5951.86%. The sharp drop reflects intensified market uncertainty and renewed scrutiny from global authorities.

The recent 24-hour decline of 26.95% has been attributed to a combination of regulatory actions and a broader market sell-off. Key developments included the release of updated compliance guidelines from a major financial watchdog, which raised concerns among investors about the token's long-term viability. Additionally, a string of high-profile delistings from major exchanges have exacerbated the downward pressure on LSK.

The market response has been largely bearish, with trading activity showing signs of distress. Institutional investors appear to have taken a wait-and-see approach, while retail traders have continued to offload positions. The token has broken below key support levels, raising concerns among technical analysts about potential further declines in the near term.

From a technical analysis perspective, LSK's recent behavior has drawn attention to key indicators such as the RSI and moving averages. The RSI has fallen into oversold territory, suggesting potential for a short-term rebound, although the overall bearish trend remains intact. The 50-day and 200-day moving averages have also crossed into a death cross configuration, reinforcing the bearish outlook. Analysts have emphasized that while technical signals suggest caution, the fundamentals remain underdeveloped and subject to regulatory risk.