Why Walrus Price Drop Today: Is Binance Alpha Airdrop Behind?
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最新报道：Walrus (WAL) price fell over 4% to around $0.379, underperforming the broader crypto market's 1.11% decline, following its Binance Alpha airdrop launch. The two-phase airdrop, requiring 210-195 Alpha Points for 150 WAL tokens, triggered immediate sell pressure from recipients. Technical rejection at key resistance levels—the 7-day SMA ($0.404) and Fibonacci 23.6% retracement ($0.433)—and a drop in the Altcoin Season Index to 44 exacerbated the decline. Despite short-term volatility, Walrus maintains strong fundamentals as a decentralized storage protocol on Sui with a $565.8M market cap.
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