DeXe Price Plummets 31.58% Amid Capitulation and Sector-Wide DeFi Turmoil
DeXe (DEXE) price has plummeted by around 31.58% due to capitulation among token holders, following a wave of liquidations and sector-wide DeFi turmoil.
The sharp sell-off was triggered by protocol hacks that intensified risk-off sentiment, causing traders to take drastic measures to cut their losses.
DeXe's trading volume exceeded 141% of its market capitalization, indicating a significant wave of capitulation among holders.