SOON experienced a significant decline today following a remarkable 167% increase earlier this morning, during which its fully diluted valuation (FDV) briefly surpassed $5 billion. The dramatic rise in SOON’s value attracted considerable attention, leading to a surge that saw its market position strengthen temporarily. However, this upward momentum was short-lived, as the price began to drop shortly thereafter. Analysts noted that such volatility is not uncommon in the cryptocurrency market, where rapid fluctuations can occur within a short time frame. The sharp decline raises questions about the sustainability of the gains made earlier in the day.
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