Market Overview
- Vaulta, previously known as EOS, has experienced a precipitous decline, plummeting to a new all-time low of $0.14.
- In the preceding 24-hour period, the token witnessed a staggering 20% decrease, accompanied by a trading volume surge exceeding 400%.
- The prevailing selling pressure suggests potential for further depreciation.
Vaulta’s recent market performance reveals a catastrophic devaluation of 20% within a mere 24-hour timeframe, driven by bearish sentiment that has led to the breach of critical support levels, ultimately culminating in a new all-time low below $0.14. This drastic downturn is particularly disheartening for investors who recall that the token reached values as high as $0.77 in May of the previous year.
It is pertinent to note that Vaulta underwent a significant rebranding from the erstwhile EOS network in early 2025, transitioning its operational focus from a smart contracts platform to a Web3 banking network. Initially, this rebranding instilled optimism among investors; however, such sentiment appears to be rapidly dissipating.
During this tumultuous period, while other cryptocurrencies such as Dash and Axie Infinity have managed to extend their gains, Vaulta has found itself among the top underperformers alongside Kaito.
Price Dynamics: A Consequence of Profit-Taking and Market Sentiment
The recent panic selling across the broader cryptocurrency market—exacerbated by Bitcoin’s retracement from its peak of $126,000—has significantly influenced Vaulta’s trajectory. The waning optimism post-rebranding has been instrumental in facilitating an accelerated capitulation among sellers.
The resultant market dynamics have culminated in Vaulta reaching an unprecedented low. Data sourced from CoinMarketCap indicates that daily trading volumes have surged by over 400%, now standing at approximately $128 million.
This pronounced downturn in Vaulta’s price is reflective of broader altcoin market struggles, which are closely tethered to Bitcoin’s volatility as it flirts with pivotal support levels beneath $100,000.
Technical Analysis: A Grim Prognosis for Vaulta
The technical indicators surrounding Vaulta paint a rather bleak picture for prospective investors. Recent price movements indicate that the token has faced resistance at the 50-day exponential moving average (EMA), situated within the range of $0.18 to $0.20. This resistance has proven formidable, thwarting any attempts at recovery.
Additional technical metrics reinforce the prevailing bearish sentiment. The Relative Strength Index (RSI) is trending towards oversold conditions; however, with a current reading of 34, there exists potential for another downward leg before any meaningful rebound can materialize.
Moreover, the Moving Average Convergence Divergence (MACD) indicator suggests a bearish crossover is imminent, further discrediting any bullish narratives.
Despite potential catalysts such as network upgrades or general market recoveries that might attract buyers looking for opportunistic rebounds, short-term sentiment remains overwhelmingly negative. Open interest has plummeted to $13 million, with Coinglass data revealing that the funding rate weighted by open interest has dipped into negative territory at -0.0294%.
