0G -6397.18% in 1 Year Amid Market Downturn

On OCT 16 2025, 0G experienced a severe price drop, falling 120.28% within 24 hours to $0.00172816. Over a seven-day period, the decline expanded to 988.89%, and over the last month, the asset recorded a 3161.87% drop. The 12-month decline is the most extreme at 6397.18%. These figures represent the most significant downturns in 0G’s recent history, reflecting a prolonged and rapid erosion of value.

The recent performance of 0G has drawn attention due to the unprecedented rate of depreciation. The 120.28% 24-hour drop marks the most severe one-day decline since its market debut, indicating an acute liquidity or structural issue. Analysts project that the current market sentiment remains bearish, though no direct attribution has been made to any specific regulatory or technological factors.

The sustained downward trajectory of 0G is compounded by its performance over longer timeframes. A 3161.87% decline in a single month highlights the severity of the trend, far exceeding typical market corrections. The 6397.18% one-year drop is particularly indicative of a systemic shift, rather than an isolated market fluctuation. Market participants are now assessing whether this trajectory is a continuation of a deeper structural decline or a temporary overreaction.

Technical indicators suggest that 0G is in a multi-month bear trend with no sign of reversal. Short-term oscillators remain deeply oversold, which can either signal an impending rebound or a continuation of the downtrend. The lack of volatility and trading activity suggests limited participation, which may exacerbate price swings. Analysts project that further declines are possible unless a major fundamental shift occurs.

Backtest Hypothesis

To better understand potential outcomes following a 10% decline in a similar asset, a backtesting strategy can be applied. The strategy involves identifying a “down 10%” event, which can be defined in two ways: close-to-close (today’s close ≤ yesterday’s close × 0.9), or intraday (price fell 10% or more from the previous close at any point during the session). A stock ticker must be provided to execute the test. If multiple tickers are available, the analysis can be extended across each one. Alternatively, a broad-market proxy like SPY can be used if no specific asset is chosen. This event-based backtest will cover the period from 2022-01-01 to 2025-10-16, providing historical insights into market behavior following such events.