RIZE Crypto Plummets 40% Following Listing, Market Experts Speculate on Reasons Behind Volatile Price Action

RIZE, the native token of the T-RIZE tokenization project, experienced a sharp price decline of nearly 48% in just 24 hours following its listing on major exchanges. This recent downturn comes on the heels of RIZE securing a spot on Kraken, a tier-1 exchange, along with listings on Aerodrome and Matcha (Base). 40% drop in just one day. The token’s launch coincided with its Token Generation Event (TGE) and mainnet launch, on May 15th. This rapid price fluctuation has left many questioning the factors behind this sudden market dip.