EDEN -653.13% in 24 Hours Amid Sharp Correction and Market Uncertainty

Generated by AI AgentAinvest Crypto Movers Radar
Wednesday, Oct 8, 2025 2:55 am ET1min read
Aime RobotAime Summary

- EDEN’s price plummeted 653.13% in 24 hours, with 4067% drops over 1 month and 1 year.

- Investors and analysts highlight lack of clear catalysts, citing reduced liquidity and selling pressure in small-cap assets.

- Technical indicators show bearish trends, with RSI in oversold territory and no significant rebounds.

- Project team has not announced reasons, raising doubts about EDEN’s utility and long-term viability.

On OCT 8 2025, EDEN dropped by 653.13% within 24 hours to reach $0.000236, EDEN dropped by 2179.27% within 7 days, dropped by 4067.24% within 1 month, and dropped by 4067.24% within 1 year.

The recent price movement of EDEN has triggered heightened scrutiny among investors and analysts, with the token experiencing a dramatic decline over the past 24 hours. The 653.13% drop in a single day represents an anomaly in the token’s historical volatility, signaling a sharp reversal in investor sentiment. Multiple market participants have noted the lack of a clear catalyst for such a steep decline, although some point to a broader trend of reduced liquidity and increased selling pressure across smaller-cap digital assets.

The broader 7-day and 1-month price trajectories further reinforce the notion of a prolonged bearish phase. Over the last month, EDEN has lost nearly 4067% of its value, a trend that aligns with a broader market correction in the digital asset space. While no official announcements have been made by the project team, the decline has raised questions about the token’s utility, governance, and long-term viability. Analysts have pointed to declining on-chain metrics, such as reduced transaction volume and holder count, as potential contributors to the current downward spiral.

Technical indicators have also shown deteriorating signals for EDEN over the past several weeks. The token has remained below its 50-day and 200-day moving averages, reinforcing a bearish bias. The Relative Strength Index (RSI) has moved into oversold territory multiple times, failing to generate a meaningful rebound each time. This pattern suggests a lack of buyer interest and a potential continuation of the downtrend until a fundamental shift occurs. The absence of a clear support level in the short term has led some traders to adopt a wait-and-see approach, avoiding further exposure to the asset until more clarity is provided.

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