Why is DFT’s price down today? (09/09/2025)

Question

Accepted Answer

## TLDR  
DigiFinexToken (DFT) fell **19.31%** over the last 24h, underperforming both its 7-day (-18.42%) and 30-day (-19.6%) trends. The drop coincides with a **450% surge in trading volume**, signaling intense selling pressure.

1. **Technical breakdown** – Key indicators flash oversold signals, with RSI14 at 28.15.  
2. **Liquidity crunch** – Self-reported market cap ($0) and supply data raise credibility concerns.  
3. **Market divergence** – Declined despite a +0.83% global crypto market gain.

## Deep Dive  
### 1. Technical Weakness (Bearish Impact)  
**Overview:** DFT’s price broke below all major moving averages (7-day SMA: $0.01268, 30-day SMA: $0.013155), while the RSI14 (28.15) and RSI7 (17.46) indicate extreme oversold conditions. The MACD histogram (-0.00015) confirms bearish momentum.

**What this means:** Oversold RSI readings typically suggest exhaustion, but sustained selling—amplified by the 200-day EMA ($0.012058) acting as resistance—reflects a lack of buyer confidence. The breach of the 78.6% Fibonacci retracement level ($0.011186) opens the door to further downside toward the swing low of $0.010454.

**What to look out for:** A close above $0.011186 (Fibonacci 78.6%) could signal short-term relief, while a drop below $0.010454 may trigger panic selling.

### 2. Liquidity and Credibility Risks (Bearish Impact)  
**Overview:** DFT’s self-reported circulating supply is **0**, and its market cap is unverified, raising concerns about transparency. The 24h turnover (volume/market cap) is incalculable, but surging volume ($6.63M) amid price decline points to speculative exits.

**What this means:** Without audited supply data, investors may perceive heightened risk of dilution or governance issues. High volume paired with no clear catalyst (no major news found) suggests fear-driven capitulation rather than organic selling.

### 3. Underperformance vs. Market (Bearish Impact)  
**Overview:** While the broader crypto market rose 0.83% in the past 24h, DFT’s -19.31% drop highlights coin-specific risks. Bitcoin dominance held steady at 57.5%, but the Altcoin Season Index rose 6% monthly, indicating DFT’s decline is an outlier.

**What this means:** Weak relative strength suggests investors are rotating out of DFT into assets with clearer fundamentals or narratives, possibly due to its lack of recent ecosystem updates or partnerships.

## Conclusion  
DFT’s plunge reflects technical breakdowns, liquidity concerns, and a loss of investor confidence amid opaque tokenomics. While oversold conditions could invite a bounce, the absence of bullish catalysts and credible data complicates recovery prospects.

**Key watch:** Can DFT stabilize above its swing low of $0.010454, or will selling pressure escalate toward the $0.01 psychological level?

Latest DigiFinexToken (DFT) Price Analysis

TLDR

Deep Dive

1. Technical Weakness (Bearish Impact)

2. Liquidity and Credibility Risks (Bearish Impact)

3. Underperformance vs. Market (Bearish Impact)

Conclusion