- Vaulta, formerly EOS, plunged to a lows of $0.14 to mark its drop to a new all-time low.
- The token was down 20% in the past 24 hours and saw trading volume spike by more than 400%.
- Selling pressure might see A extend losses to a new level.
Vaulta’s price has crashed 20% in the past 24 hours, with bears smashing through support to hit a new all-time low under $0.14.
This brutal drop, which occurred amid a spike in daily spot volume, deepens the pain for the token formerly known as EOS, which had traded as high as $0.77 in May last year.
If not aware, Vaulta rebranded from the former EOS network in early 2025, moving from a smart contracts-focused platform to a web3 banking network.
Bulls saw the A token rise to the all-time high highlighted above before this uptick began to evaporate.
The past 24 hours have seen Dash and Axie Infinity extend gains, but on the other end of the line are top losers like Kaito and Vaulta.
Vaulta price: profit-taking sees A hit a new all-time low
The panic selling that gripped the broader crypto market as Bitcoin shed gains from its all-time high of $126,000 meant A dumped sharply.
Post-rebrand optimism fading allowed sellers to accelerate the capitulation.
Vaulta’s slide has now pushed prices to a new all-time low, with sellers flooding the market and crushing momentum. Data from CoinMarketCap shows daily trading volume jumped more than 400% to $128 million.
The downside action that has led to a broader altcoin market slowdown could amplify the pain for Vaulta.
Many altcoins’ struggles are tied to Bitcoin’s own stumbles below $100,000 and current poise near key support levels.
Technical outlook spells doom
Vaulta’s charts paint a nightmare scenario for bulls. The token has recently recoiled off the 50-day exponential moving average, which has acted as a resistance zone around $0.18-$0.20.
Other technical indicators signal a bearish stranglehold, with the Relative Strength Index (RSI) sloping towards the oversold territory. While it could allow for a reversal, the reading of 34 means there is room for another leg down.
Elsewhere, the Moving Average Convergence Divergence indicator hints at a bearish crossover.
Buyers may eye a rebound amid long-shot catalysts such as network upgrades and broader altcoin market bounces. However, near-term sentiment remains toxic with open interest sinking to $13 million.
According to Coinglass data, the unforgiving downside action has also pushed the open interest weighted funding rate to -0.0294%.
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