The post Why Binance Alpha (AB) Token Crashed 99%? appeared first on Coinpedia Fintech News
The Binance Alpha (AB) token lost nearly all its value within seconds. The token plunged from $0.0083 to $0.0000051 in just two minutes, wiping out 99% of its price before slightly rebounding to $0.00151. Traders and analysts are left questioning what caused the sudden crash and whether AB can ever recover.
Low Liquidity Amplifies Binance Alpha Token Crash
The crash was far from a minor hiccup. Over 573,000 AB tokens were traded in a very short span, generating $5 million in daily trading volume. Despite the surge, liquidity remained painfully low at $2.17 million, making it impossible for the market to absorb the intense sell pressure.
Compounding the problem, token ownership is highly concentrated, with the top 10 holders controlling 97% of all AB tokens. This meant that even a single large sale could trigger a dramatic price collapse.
According to Binance market data, the Bina
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