Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BARD (Lombard) plunges 41.34% in 24 hours with a 118.5% amplitude: 30 million token unlock triggers sell-off

BARD (Lombard) plunges 41.34% in 24 hours with a 118.5% amplitude: 30 million token unlock triggers sell-off

Bitget PulseBitget Pulse2026/03/18 19:44
Show original
By:Bitget Pulse

Volatility Overview

In the past 24 hours, BARD’s price surged from a high of $1.19989 before plunging sharply, hitting a low of $0.5491, and is currently trading at $0.64179, representing a drop of over 41% and an intraday amplitude as high as 118.5%. The 24-hour trading volume soared to $283 million, marking a 1427% spike compared to the previous day, reflecting intense capital movement driven by the token unlock event.

Brief Analysis of the Price Movement Causes

- Direct selling after token unlock: On March 18, 2026, the unlock of 30 million BARD tokens (about 11% of the circulating supply, worth over $32 million) was completed, including the remaining 50% from Lombard Protocol Season 1, Referral rewards, and the final Kaito Yappers airdrop. Immediate cashing out by recipients triggered selling pressure, causing prices to collapse from the peak.

- Insufficient liquidity amplifying volatility: Despite a 24-hour trading volume of $283 million, the unlock amount corresponds to 2.6 times the average daily liquidity, making it hard to fully absorb the sell-off in the short term.

Market Perspectives and Outlook

The dominant community sentiment is cautious. X platform discussions center on the selling pressure from unlocks (e.g., “the post-unlock temptation is too strong, immediate dump”), with some users already claiming and selling their tokens (such as cashing out at the $0.64 mark). Short-term risks include further liquidity tightening and a potential continued drop toward the $0.94 support area. Mainstream analysts remain optimistic about the long-term BTC DeFi narrative (TVL over $1 billion, protocol buyback mechanism) and recommend monitoring in the next 48-72 hours to see if the new supply becomes floating rather than ongoing selling pressure.

Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for informational reference only.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Are semiconductor equipment stocks facing a "valuation slowdown"? Morgan Stanley raises Applied Materials (AMAT.US) earnings forecast but cuts target price

Morgan Stanley has lowered its target price for Applied Materials, one of the world's largest semiconductor equipment manufacturers, from the previous $642 to $563.

智通财经•2026/09/29 02:51
Are semiconductor equipment stocks facing a "valuation slowdown"? Morgan Stanley raises Applied Materials (AMAT.US) earnings forecast but cuts target price

FAA halts certification of Boeing 737 MAX 10, shares drop nearly 7%

The FAA has announced the suspension of the Boeing 737 MAX 10 certification due to a new software defect provided by GE Aerospace. This defect could impact the automatic flight guidance function and increase pilot workload during recertification scenarios. There are over 1,500 pending orders for the MAX 10, and certification is crucial for Boeing to improve cash flow and compete against Airbus. The previously expected October certification timeline has been delayed once again. Boeing's share price fell 6.9% on Monday.

华尔街见闻•2026/09/29 02:46

Indirect Negotiations Between the US and Iran? Iran Makes Concessions? Major Differences Remain? Saudi Arabia Resumes Exports? Overnight Oil Prices Volatile and Falling Amid Mixed Bullish and Bearish Views

On Monday, after WTI peaked at $96.54 and Brent surged to $108.83, both benchmarks retreated by over $5 within a few hours. The resumption of Saudi Arabia's East-West pipeline constituted the first substantial bearish factor. Meanwhile, US-Iran diplomatic developments escalated: reports claimed Trump was willing to ease sanctions in exchange for nuclear concessions, which he immediately denied in person; Iran was reportedly willing to suspend uranium enrichment, but the US stated that “major differences remain.” Privately, Iran believes the chances of reaching a deal before the US presidential election are slim. Expectations are for potential escalation in conflicts after the election, making it difficult for market risk premiums to dissipate.

华尔街见闻•2026/09/29 02:36

$100 Oil Price Spurs 'Cash Flow Revaluation' Logic! BP Plans to Sell Brazilian Biofuel Business to Accelerate Focus on Oil and Gas Assets

BP Plc is considering various options for its Brazil biofuel business, including a sale, as CEO Meg O'Neill accelerates efforts to reshape the energy giant's business portfolio.

智通财经•2026/09/29 02:06