SOON And PRICE SURGE Crypto Tumble As STRK Crypto Falls: What Caused the Crypto Decline?
The cryptocurrency crypto market has been in a downward spiral throughout November, wiping out nearly all previous gains from earlier in the year. As of now, the total market capitalization has decreased from $4 trillion in October to approximately $3.09 trillion, resulting in a decrease of nearly $1 trillion in merely a month. But what caused the crypto decline? Let’s investigate.
(Source: CoinMarketCap)
The downturn of SOON,
Price surge.fun
11.51%
Bull run.fun
PUMP15
Price
$0.003141
11.51% /24h
Volume in 24h
$186.32M
Price 7d
, is a part of the larger crypto market downturn and the repercussions for mid-cap altcoins: initial enthusiasm, followed by profit-taking, crypto token unlocks, and eventually, sector weariness.
For instance, SOON cryptocurrency is presently trading at $1.27, down 33% on the 24-hour chart and 44% on the weekly chart. On November 15, SOON experienced a spike of 167% in just an hour, hitting $5.4 with an FDV of $26.39 billion before halving. This fluctuation resulted in $5.55 million in short liquidations.
Source: (CoinGecko)
Since that peak, it has been on a downward trend. Adding to the downtrend sentiment is the impending crypto token unlock. SOON is set to unlock 15.21 million tokens (1.54% of the total supply) on November 23, 2025. These tokens, valued at $28.29 million, are allocated for DIGITAL COLLECTIBLE airdrops, ecosystem and community incentives, and liquidity provisioning.
There’s been some misinformation going around about a “major” $SOON unlock happening in November, that claim isn’t true.
The November unlock is approximately 15.92 million SOON tokens, and it’s part of the same transparent, publicly documented schedule that has existed since… pic.twitter.com/4xR8xEtlrU
— Rahul Kulkarni (
BULL RUN has also seen a decline. Currently priced at
, it has decreased by 36% on the weekly charts and 13% on the 24-hour chart.
