Token Power Protocol (POWER) experienced a drastic price decline, plummeting around 90% within just 24 hours at the beginning of March 2026. Here are the main factors contributing to this:

Rug Pull & Team Sell-Off Allegations: Reports indicate that the (wallet) belonging to the development team sold large amounts of POWER tokens, triggering market panic and suspicions of a rug pull scheme.
Technical Issues with Ronin Bridge: This decline was also caused by disruptions or temporary halts in the Ronin Bridge (network infrastructure). This led to price imbalances between decentralized exchanges (DEX) and centralized exchanges (CEX).
Large-Scale Token Unlock: The scheduled token unlock (token unlock) on March 5, 2026, significantly increased the circulating supply of tokens, exerting strong selling pressure.
Pump-and-Dump Pattern: Before the crash, POWER surged over 900% in February 2026 and reached an all-time high (ATH) of $2.46. The sharp decline immediately after hitting this peak indicates mass profit-taking or market manipulation.
Low Liquidity: During the sell-off wave, thin market liquidity made each large transaction highly impactful, leading to significant price drops.

The price of POWER tokens fell from around $2.32 to approximately $0.22 in a short period, erasing nearly all the gains made in the previous month. $POWER ‌#RUGPULL