How volatile is ERA's price and what caused its 89.8% drop in 24 hours?

ERA's price plummeted 89.8% in 24 hours, from $0.50 to $0.06

In a shocking market event, Caldera (ERA) experienced one of the most severe price crashes in recent cryptocurrency history. The token's value collapsed by 89.8% within a single 24-hour period, plunging from $0.50 to just $0.06. This dramatic decline represents a catastrophic loss for investors who failed to exit their positions in time.

The timing of this crash is particularly noteworthy when examining ERA's recent price action:

This collapse occurred despite Caldera's significant ecosystem achievements, including securing over $400 million in total value and processing more than 850 million transactions across 25 million unique addresses. The disconnect between the project's operational metrics and its token performance suggests that market sentiment has dramatically shifted against ERA.

The immediate catalyst for this price action remains unclear, but cryptocurrency analysts point to potential factors including large-scale token liquidations, sudden loss of investor confidence, or possible negative developments within the project itself. Gate users trading ERA have experienced significant volatility, with trading volume spiking dramatically during the selloff period as panic selling accelerated the downward momentum.

Historical price volatility: All-time high of $0.600277 vs current $0.06

ERA cryptocurrency has experienced dramatic price volatility since its inception, moving from exceptional highs to significant lows. The journey from its all-time high to current valuation demonstrates the volatile nature of this digital asset. This price fluctuation can be quantified through key metrics:

The cryptocurrency's price volatility extends beyond simple price changes. During 2025, Bitcoin's 30-day volatility dropped to a 6-month low, signaling a market-wide trend toward reduced volatility in what experts call the "maturity era." However, ERA has not followed this stabilization pattern, as evidenced by its significant drawdown from peak valuation.

Institutional investment trends suggest reduced volatility for established cryptocurrencies, yet newer assets like ERA continue to exhibit pronounced price swings. This pattern aligns with historical cryptocurrency market behavior where newer tokens experience more dramatic price discovery phases. The substantial 87% drawdown from ERA's peak price to its recent low demonstrates the considerable risk investors face when entering positions in emerging cryptocurrency assets during their early market cycles.

24-hour trading volume surged 300% to $500 million amid massive liquidations

The cryptocurrency market experienced unprecedented volatility as 24-hour trading volume skyrocketed to $500 million, representing a dramatic 300% increase from previous levels. According to CoinGlass data, approximately $519.3 million worth of futures positions were liquidated during this tumultuous period, with long traders bearing the brunt of these losses at roughly $450 million compared to short liquidations totaling only $40 million.

This surge in trading activity occurred within the context of broader market instability triggered by geopolitical tensions. The Alternative.me Crypto Fear & Greed Index plummeted from 64 ("Greed") to 27 ("Fear") within 24 hours, reflecting the market's sudden shift in sentiment.

The ERA token was particularly affected during this period, with dramatic price movements evident in recent market data:

While significant, this event falls short of the largest crypto liquidation on record, which saw an extraordinary $19 billion wiped out in a single 24-hour period. These events demonstrate Bitcoin's continuing extreme volatility, which creates both opportunities and risks for traders navigating the cryptocurrency ecosystem in 2025.

Market cap dropped to $180 million with $200 million net outflows

Caldera's market capitalization experienced a dramatic decline in early November 2025, falling to approximately $180 million from its previous position. This sharp decrease coincided with significant net outflows totaling $200 million, indicating substantial investor withdrawal from the ERA token ecosystem. The decline appears to be part of a broader profit-taking pattern observed across cryptocurrency markets, particularly affecting layer-2 solutions and rollup technologies.

Market performance data shows the severity of ERA's decline:

The token hit its all-time low of $0.2193 on November 4, 2025, representing a massive 88.1% drop from its all-time high of $1.85 recorded on July 17, 2025. This pattern mirrors what happened with Bitcoin ETFs, which saw $1.34 billion in outflows during late October as investors secured profits after Bitcoin reached record highs.

The extreme volatility began on October 10, when ERA's price dropped from $0.51 to $0.26 in a single flash crash event. Despite Caldera's robust infrastructure that has processed over 850 million transactions across 25 million unique addresses, investor confidence has been severely shaken by this market correction.

FAQ

What is era coin?

ERA Coin is a new cryptocurrency project that recently launched with significant market interest. It has secured funding from mid-tier venture capital firms, indicating potential long-term viability. ERA Coin aims to make a notable impact in the crypto market.

What is the future prediction for the era coin?

Era coin is expected to reach a maximum of $0.00402 and a minimum of $0.00341 by 2029, with predictions extending to 2034.

What is Elon Musk's digital coin?

Elon Musk doesn't have an official digital coin. However, Dogecoin (DOGE) is most closely associated with him due to his frequent endorsements and support.

Which coin will give 1000X in 2030?

MoonBull ($MOBU) could potentially deliver 1000X growth by 2030, driven by its staking, governance, and liquidity features.