#比特币对比代币化黄金 has recently observed that the concept token launched by a certain exchange has performed quite poorly in the market. From its historical peak, the price has been cut in half twice, with a cumulative drop of over 70%. Even worse, the market capitalization couldn't hold up and has already fallen below the $100 million mark.

The trading volume doesn't look optimistic either. Compared to its peak, the current trading volume has shrunk significantly, and the liquidity is so poor that any random sell order can cause drastic price fluctuations. This lack of depth poses considerable risk to holders.

Overall, there are still no signs of a price bottom for this token, and the downward trend remains clear.