Took a quick look at the 24-hour contract loss leaderboard:
No.1 $US -42.03%
No.2 $VELVET -9.28%
No.3 $Lobster -6.75%
No.4 BR -6.27%
No.5 BULLA -5.15%
A drop doesn't mean it's hit bottom, so don't act just yet.