DEXE saw a strong bounce in price after a dramatic plunge that erased almost 90% of its value. Over the last 24 hours, the token climbed nearly 25%, trading near $4.90 after tumbling from above $40 to under $4 within just days. This steep decline caused massive liquidations in the derivatives market.
The sharp recovery raises questions about whether bulls can maintain this momentum or if the token will face renewed selling pressure. The sudden volatility has drawn attention to how quickly sentiment can flip in the crypto space, especially for tokens like DEXE that experienced intense speculative trading.
