According to Bitget market data, the ETHGas token GWEI experienced a sharp decline after hitting a new high of $0.25, dropping below $0.13 and currently trading around $0.132, representing a 24-hour loss of 46.5%. The rapid correction draws attention from traders and analysts.
According to Bitget market data, the ETHGas token GWEI plummeted after reaching a new all-time high of $0.25 on the evening of June 29. The price briefly broke below the $0.13 level, currently trading at approximately $0.132, reflecting a 24-hour decline of 46.5%. The token, which is tied to Ethereum Gas costs, has seen heightened volatility, prompting market observers to assess the sustainability of its recent rally.
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