$SIREN Today, it directly plummeted, crashing from $1.7 to $0.27, a drop of over 80%. The main issue is that the chips are highly concentrated, with a single entity controlling more than half of the circulation.

Previously, it was driven up by the AI concept to a high position, but now large holders are dumping their shares combined with contract liquidations, causing the price to collapse directly. This is a typical aftermath of speculation, leaving retail investors easily caught at high positions. Currently, the chips have not fully exchanged hands, and it is not recommended to bottom fish in the short term, as the risk remains very high.