Recently, small-cap altcoins have been seeing frequent surges and crashes amid easing tensions between the U.S. and Iran and a period of Bitcoin trading sideways, drawing in high-risk investors. In this kind of coin, ownership is highly concentrated and insiders control the market, with high volumes in daily futures contracts. Some people believe this high volatility attracts liquidity, but some investors are also concerned that there is no fundamental support, so trading should be done cautiously.

Gate News message, major cryptocurrencies advanced this week following a two-week cease-fire deal. According to the 7-day performance data, SIREN topped the list of top 10 gainers with a 398.6% increase. ZEC rose 61.2%, while Dash climbed 51.6%. MON gained 31.1%, and morpho increased 22.3%. Arbitrum

Gate News message, April 4, market data shows that SIREN’s 24-hour gain reached 193.2%, and the price has risen to $0.51. The market cap is currently reported at $359 million.

Gate News message. On April 1, according to Ember monitoring, the SIREN market maker address spent 144,000 USDT to buy back 500,000 SIREN about half an hour ago. The buy-in price was $0.288. These 500,000 SIREN were previously sold at a price of $0.947 about half a month ago, yielding 473,000 USDT. After the price dropped today, the address bought back the same amount of tokens with 144,000 USDT; the token quantity did not decrease, but it earned $329,000.

Gate News message, April 1, SIREN token saw a drop of more than 84% within 24 hours, and the current price is 0.27 USDT. Data shows that the token experienced consecutive, highly volatile swings over the past week.

On March 31, among the top 100 cryptocurrencies by market capitalization, River had the highest gain at 21.20%, while Siren had the largest drop at 41.55%.

As of March 30, the majority of the cryptocurrency sectors have risen, with the AI sector showing significant gains. Bitcoin has surpassed $66,000, and Ethereum has surpassed $2,000. The Meme, Layer 2, and CeFi sectors have also seen increases, but the DeFi sector has experienced a slight decline. Overall, the sector indices have all shown varying degrees of increase.

The current price of the SIREN token is $1.80, with a 24-hour increase of 16.46%. The project SirenAI combines AI and blockchain to provide smart investment and decentralized finance solutions. However, the token is highly concentrated in a few addresses, raising market risks, and the controlling party is suspected to be the well-known investment firm DWF Labs. Investment should be approached with caution.

On March 27, among the top 100 cryptocurrencies by market capitalization, MemeCore had the largest increase at 4.28%, while Siren had the largest decrease at 52.59%. Other tokens with increases and decreases include Canton, PAX Gold, Tether Gold, and others.

The SIREN price has experienced significant fluctuations in the past 24 hours, dropping from $1.67 to $1.04, a decline of nearly 50%. The market movement is driven by leveraged liquidations, emotional speculation, and short-term capital rotations, exhibiting characteristics of high-frequency trading. The current market is still dominated by liquidations, with short-term fluctuations expected to range between $1.00 and $2.00, and future trends remain uncertain.