$SIREN According to CoinGecko data, the price of the token has dropped by about 70% from a level of $2.56 early Tuesday to $0.79 on the same day. As of the time of writing this report, the price of Siren was around $1.

The sell-off came after a sharp rise in the price of SIREN, a token on the BNB Chain marketed as an AI-based analytical agent. Analysts from Bubblemaps and the researcher known as EmberCN pointed out on Monday that wallet data suggests that the token holdings are highly concentrated.

$SIREN

SIRENBSC
SIRENUSDT
1.80563
+4.97%