Defis (XGM) in Deep Bear: Plunges Over 99% from ATH of $0.01, Circulation at Half of Max Supply

Defis (XGM) in Deep Bear: Plunges Over 99% from ATH of $0.01, Circulation at Half of Max Supply

N
News Editor 01
2026-07-08 07:36:13
Defis (XGM) has dropped over 99% from its all-time high of $0.01. Circulating supply is about 134.56 million against a max supply of 262.8 million. Market sentiment remains low.
DefisXGMcryptocurrencyDeFibear market

According to the latest data from CryptoComLearn, the decentralized finance project Defis (XGM) recorded its all-time high (ATH) at just $0.01, and the current price has declined over 99% from that peak. This price action reflects severe selling pressure and extremely bearish investor sentiment for the project.

Supply and Circulation

As of May 25, 2026, the circulating supply of Defis (XGM) stands at approximately 134,558,580 tokens, while the maximum supply is 262,800,000 tokens. This means only about 51.2% of the total tokens are currently in circulation, with the remainder yet to be unlocked or released. This supply structure could exert additional downward pressure on the price, especially in a low-liquidity market.

Storage Options

For users holding XGM, CryptoComLearn lists several storage methods: custodial exchange wallets, self-custody wallets (web, mobile, or desktop), hardware wallets, third-party custodial services, and paper wallets. Among these, self-custody and hardware wallets are considered more secure, reducing counterparty risk. However, for average users, exchange custodial wallets remain a convenient choice.

Market Impact Analysis

Defis is one of the earlier DeFi projects, and its token XGM has long suffered from low liquidity. With an ATH of only $0.01, the project's peak market cap was merely around $2.6 million (based on max supply), placing it in the micro-cap category. After the drastic price drop, the market cap has further contracted, attracting very little attention. Investors should be aware of potential risks: unlocking of remaining tokens, project team activity, and actual usage of the decentralized application.

From a technical perspective, with only half of the max supply in circulation, a significant amount of tokens could still enter the market. If the project team or early investors decide to sell, the price may continue to decline. Moreover, in the current bearish crypto environment, similar small-cap DeFi tokens face greater downside risks.

Notably, this information was published on July 8, 2026, making the data timely. Investors are advised to verify the latest price and on-chain data through official channels before making any decisions, and to fully assess their own risk tolerance.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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