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Why is Akedo down 27.9% today?

$0.022084-27.92% 24h
Source Gate · USDTSampled

Price chart

Only 2 hours of samples so far, one every 5 minutes.

+11.4% 16:08
+11.44% · Oct 27, 2026, 16:08 UTCGate · USDT: Oct 27, 2026, 16:04 → Oct 27, 2026, 18:10High $0.026202Low $0.022055
● Gate · USDT1 sharp risetimes in UTC
Oct 27, 2026, 16:04Oct 27, 2026, 18:10

1 sharp price swing was flagged; the largest was +11.44% in 5 minutes at Oct 27, 2026, 16:08 UTC.

What may be driving the move

No clear cause yet. The news and market data checked so far describe the move but do not explain it. Sources are re-checked about every 30 minutes, and this section updates when something new turns up.

Weaker possibilities: Open interest rose in coin terms during Oct 26, 16:00–Oct 27, 16:00 UTC, while funding was positive at measured settlement times. (OKX perpetual swap: settled funding, OKX perpetual swap: open interest, OKX perpetual swap: taker buy/sell volume)

What was checked

No verified event found so far explains the fall. Derivatives data offers a limited possible amplification mechanism, but does not establish what started it.

Did a specific event or forced selling start the decline? Available data does not establish either.

Looked at the 24 hours to Oct 27, 2026, 16:48 UTC

Market snapshot

Versus the past month
4.3× a usual dayIts largest 24h fall in 24 days
24h volume
2.0×of its prior 30-day daily average
30-day range
−43.0% from high43.0% below the high · 20.6% above the low
More data (2)
Where it traded
PancakeSwap V3 (BSC) 39% · Gate 33% · KuCoin 12%includes on-chain pools
Perpetual swap
funding positive · open interest risingOKX perpetual swap AKE-USDT-SWAP

Figures run to Oct 27, 2026, 18:00 UTC (Gate · USDT hourly candles). The price at the top is live. Methods →