Planck Token Plummets: 2 Key Reasons Behind the Crash & Can the Network Bounce Back?

Planck Network's native token just took a nosedive—here's why.

Reason 1: Liquidity crunch bites hard

Whale wallets dumped holdings faster than a hot potato, triggering cascading liquidations. Classic crypto.

Reason 2: Smart contract hiccups

Rumors of a critical bug in staking contracts sent retail investors scrambling—never a good look for Layer 1 protocols.

Road to recovery?

Core devs claim fixes are inbound, but market makers aren't buying it (literally). Watch for exchange reserves and GitHub commits—the only metrics that matter when the suits start sweating.

Bonus jab: Another 'fundamentals-driven' project learning that tokenomics don't matter when VCs need exit liquidity.

90% Drop: Why Planck Token Price Crash Was a Disaster on Listing Day

The whole crypto market is a bit shaky right now, but one of the biggest price drop reasons was the confusing way the giveaway was handled.

1.Binance wallet on its official X account told users that with at least 220 Binance Alpha Points, users could claim 200 of these tokens for free, but just after the launch airdrop delay news hit the market. BNB said, "The token airdrop is currently delayed. Please wait..."

Then the giveaway finally started again later at 13:30 (UTC). This sudden delay combined with investor rush, created the perfect Planck token price crash disaster. 

2.The overall crypto was also down. Bitcoin and ethereum prices fell sharply, and the Crypto Fear and Greed Index dropped to 15. Because of this panic, traders sold new assets to cut their losses, adding more pressure on the price.

The Numbers Don't Lie: Market Looks Overload

As per latest Planck crypto news CoinMarketCap chart numbers, thing got really messy for the this new coin:

• Trading Volume in 24 hours shot up to over $41 million, which is an increase of over 198,000%! This proves that a lot of selling happened as soon as the asset became available.

• Out of 500M total supply, its low circulation around 76.55 million caused short term oversupply.

• The value of the market cap dropped from $93M to $14.22 million.

The technical measure ASI is very low at 12.62, confirming that not many people are buying right now.

Planck Token Price Prediction 2025: Where Is the Bottom?

After exploring why is coin falling today, if the price falls below the $0.17 support zone, the asset will take a bloodbath around $0.10-$0.15.

If airdrop HYPE fades, and the community brings some new updates to gain investors' trust back, then the price crash may recover around $0.17-$0.20.

The token must stay above $0.17, to go higher. If overall cryptocurrency sentiment improves, then it might target $1-$2.50 levels by 2025.

For the asset to hit $5, it needs strong ecosystem growth, new feature updates, technical breakout patterns, and early alt season. As of now there’s no clear signs of recovery yet, so the token might MOVE sideways.

Conclusion

Today’s price drop is nothing, but a massive sell-off playbook. Delayed binance airdrop, weak technical momentum, and crypto market crash all together fueled the listing disaster. 

Right now, the focus is on finding a steady, realistic price. Traders should keep an eye on its support and resistance levels, to watch the network’s bull vs. bear momentum.

Disclaimer: This article is only for information. Always DYOR and take expert advice before investing in digital tokens.