BREAKING: AWE Network Crashes 35.6% to $0.064 in 24 Hours
AWE Network (AWE) has experienced a severe price collapse, plunging 35.6% to $0.064118 in the past 24 hours, erasing approximately $68.4 million in market capitalization.
The cryptocurrency, formerly known as STP Network, fell from a 24-hour high of $0.105369 to a low of $0.061257, with current trading near the bottom of this range. The dramatic sell-off has been accompanied by exceptionally high trading volume of $74.27 million, indicating significant market participation in the decline.
Market Impact
AWE Network’s market capitalization has contracted to $124.8 million, representing a 35.4% decrease from the previous day. The token now ranks #234 by market cap, with its fully diluted valuation matching the current market cap at approximately $124.8 million.
The circulating supply stands at 1.94 billion AWE tokens out of a maximum supply of 2 billion, meaning 97.1% of the total token supply is already in circulation.
Technical Overview
The current price of $0.064118 represents a 76% decline from AWE Network’s all-time high of $0.270085, reached on October 6, 2021. However, the token remains up significantly from its all-time low of $0.00646736 recorded in October 2019, showing a gain of over 891% from that bottom.
Short-term price action has been particularly volatile, with AWE declining 25.3% over the past seven days. The hourly chart shows an additional 0.54% decline in the most recent hour, suggesting continued selling pressure.
Context and Performance
Despite the sharp 24-hour decline, AWE Network has posted a 27.7% gain over the past 30 days, indicating that today’s crash may represent a significant correction from recent gains rather than the start of a prolonged downtrend.
The token’s return on investment (ROI) since inception stands at 541%, or approximately 5.4x returns in USD terms, though recent holders have experienced substantial losses.
AWE Network focuses on decentralized autonomous organizations (DAOs) and cross-chain asset management solutions. The project operates within the decentralized finance (DeFi) ecosystem, providing infrastructure for digital asset management.
The high trading volume relative to market cap—representing approximately 59.5% of total market capitalization—suggests either significant liquidation events or substantial position reshuffling among holders. This volume-to-market-cap ratio is notably elevated compared to typical cryptocurrency trading patterns.
Market data current as of February 20, 2026, 00:06 UTC.
You May Also Like
Exploring Market Buzz: Unique Opportunities in Cryptocurrencies
Tests 50-day EMA barrier near 183.00
