NOM -53.76% in 24 Hours Amid Sharp Volatility

On OCT 7 2025, NOM dropped by 53.76% within 24 hours to reach $1.295, with a 7-day decline of 1966.5%, a 1-month drop of 2198.8%, and a 1-year fall of 2198.8%. The asset is currently exhibiting extreme short-term volatility, with no clear signs of stabilizing in the immediate horizon. The recent drop is part of a broader trend that has seen NOM fall dramatically across multiple timeframes.

Following the sharp downturn, there have been no official statements from the project’s development or governance teams to explain the decline or outline any corrective measures. The absence of communication has raised concerns among investors regarding the governance and transparency of the project. No regulatory announcements, security upgrades, or tokenomic changes have been disclosed in relation to the drop.

Technical indicators currently reflect deep bearish momentum. The asset has broken below key support levels, with RSI and MACD both showing extreme oversold readings. However, no clear reversal patterns have emerged in candlestick formations, suggesting the decline may continue unless a strong external catalyst—such as a governance update or a liquidity event—intervenes.