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On SEP 1 2025, HOOK dropped by 80% within 24 hours to reach $0.1018, HOOK rose by 439.66% within 7 days, dropped by 80% within 1 month, and dropped by 7365.44% within 1 year.
The abrupt 80% decline in HOOK’s price within a 24-hour window triggered immediate concern among traders and observers. The drop marked a sharp reversal in a market that had experienced a 439.66% surge in the preceding seven days. While no official explanations were provided for the rapid shift, the volatility highlights the extreme sensitivity of the asset to sentiment and macroeconomic cues.
Technical analysts have turned their focus to the recent price action, noting the significant drawdown as a potential turning point in the asset’s short-term trajectory. The 80% drop has drawn comparisons to similar historical patterns, with some observers drawing parallels to prior market corrections in the digital asset space. However, the 439.66% recovery over the subsequent seven days suggests resilience, even amid the sharp decline.
The asset's 1-month performance, defined as a further 80% decline from its post-7-day high, underscores the depth of the correction. This rapid retraction from a brief rebound has raised questions about the sustainability of any near-term recovery and the underlying fundamentals supporting the asset. With no new product launches or strategic announcements reported, the price moves have been largely interpreted as a reaction to broader market dynamics rather than firm-specific news.
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