{"id":113906,"date":"2025-11-18T11:09:23","date_gmt":"2025-11-18T11:09:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=113906"},"modified":"2025-11-18T11:09:23","modified_gmt":"2025-11-18T11:09:23","slug":"soon-and-pump-crypto-plummet-as-strk-crypto-slides-why-did-crypto-crash","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=113906","title":{"rendered":"SOON And PUMP Crypto Plummet As STRK Crypto Slides: Why Did Crypto Crash?"},"content":{"rendered":"

The cryptocurrency market has been in a freefall all November, erasing nearly all of the gains from earlier in the season. As of today, the total market cap has come down from $4Tn in October to around $3.09Tn, a loss of almost $1Tn in just one month. But why did crypto crash? Lets find out.<\/p>\n\n

(Source: CoinMarketCap<\/a>)<\/p>\n

The slide of SOON, <\/p>\n

\t<\/span><\/p>\n

\t\t
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\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n

\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\tPump.fun<\/span>
\n\t\t\t\t\tPUMP15<\/span><\/p>\n

\t\t\t\t\t
\n\t\t\t\t\t\t$0.003092<\/span>
\n\t\t\t\t\t<\/span>
\n\t\t\t\t\t
\n\t\t\t\t\t\t11.51%<\/span>
\n\t\t\t\t\t<\/span><\/p>\n

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\n\t\t<\/p>\n

\t\t
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\n\t\t\t\t
\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n

\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\tPump.fun<\/span>
\n\t\t\t\t\tPUMP15<\/span>
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\tPrice<\/span>
\n\t\t\t\t\t
\n\t\t\t\t\t\t$0.003092<\/span>
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t11.51% \/24h<\/span>
\n\t\t\t\t\t\t<\/span>
\n\t\t\t\t\t<\/span>
\n\t\t\t\t<\/span>
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\n\t\t\t\t\t\tVolume in 24h<\/span><\/span><\/span><\/p>\n

\t\t\t\t\t
\n\t\t\t\t\t$219.86M<\/span>
\n\t\t\t\t\t<!–
\n\t\t\t\t\t\t?<\/span>
\n\t\t\t\t\t<\/span> –>
\n\t\t\t\t
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\n\t\t\t\t\tPrice 7d<\/span>
\n\t\t\t\t\t<\/span><\/span><\/p>\n

\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t<\/p>\n

\t\t\t<\/p>\n

\t\t
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\t, and <\/p>\n

\t<\/span><\/p>\n

\t\t
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\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n

\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\tStarknet<\/span>
\n\t\t\t\t\tSTRK<\/span><\/p>\n

\t\t\t\t\t
\n\t\t\t\t\t\t$0.1874<\/span>
\n\t\t\t\t\t<\/span>
\n\t\t\t\t\t
\n\t\t\t\t\t\t7.41%<\/span>
\n\t\t\t\t\t<\/span><\/p>\n

\t\t\t\t
\n\t\t\t
\n\t\t<\/p>\n

\t\t
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\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n

\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\tStarknet<\/span>
\n\t\t\t\t\tSTRK<\/span>
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\tPrice<\/span>
\n\t\t\t\t\t
\n\t\t\t\t\t\t$0.1874<\/span>
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t7.41% \/24h<\/span>
\n\t\t\t\t\t\t<\/span>
\n\t\t\t\t\t<\/span>
\n\t\t\t\t<\/span>
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t\t\tVolume in 24h<\/span><\/span><\/span><\/p>\n

\t\t\t\t\t
\n\t\t\t\t\t$488.31M<\/span>
\n\t\t\t\t\t<!–
\n\t\t\t\t\t\t?<\/span>
\n\t\t\t\t\t<\/span> –>
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\tPrice 7d<\/span>
\n\t\t\t\t\t<\/span><\/span><\/p>\n

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\n\t\t\t\t<\/p>\n

\t\t\t<\/p>\n

\t\t
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\t is an extension of the broader crypto market crash and its effect on mid-cap altcoins: early hype, followed by profit-taking, token unlocks, and, ultimately, sector fatigue.<\/p>\n

SOON crypto, for instance, is currently trading at $1.27, down by 33% on the 24-hour chart and 44% on the weekly chart. On 15 November, SOON surged by 167% in an hour, reaching $5.4 and an FDV of $26.39 Bn, then halved. This volatility led to $5.55 million in short liquidations.<\/p>\n\n

Source: (CoinGecko<\/a>)<\/p>\n

Since then, it has been on a declining spree. Adding to the bearish pressure is its upcoming token unlock<\/a>. SOON will unlock 15.21M tokens (1.54% of total supply) on November 23, 2025. These tokens worth $28.29M are for NFT airdrops, ecosystem and community incentives, and liquidity.<\/p>\n

There\u2019s been some misinformation going around about a \u201cmajor\u201d $SOON<\/a> unlock happening in November, that claim isn\u2019t true.<\/p>\n

The November unlock is approximately 15.92 million SOON tokens, and it\u2019s part of the same transparent, publicly documented schedule that has existed since\u2026 pic.twitter.com\/4xR8xEtlrU<\/a><\/p>\n

\u2014 Rahul Kulkarni (, ) (@0xrahul) November 17, 2025<\/a><\/p>\n\n

PUMP has been on a decline as well. Currently trading at
\n
\n <\/span>
\n <\/span>
\n, it is down by 36% on the weekly charts and 13% on the 24-hour chart.<\/p>\n\n

(Source: CoinGecko<\/a>)<\/p>\n

In the last two weeks, whales have rotated into PUMP, buying tokens to raise its price in anticipation of its 2 billion token unlock. What followed was a massive selloff that even $175 M in buybacks failed to stave off.<\/p>\n

On July 28th, PumpFun started doing 100% revenue buybacks.<\/p>\n

Price ran 3.2x (220%) at its highest.<\/p>\n

$179M in buybacks later, price is almost back to where it started. https:\/\/t.co\/tolZkmCCeJ<\/a> pic.twitter.com\/pVItpuKI1S<\/a><\/p>\n

\u2014 Adam (@Adam_Tehc) November 17, 2025<\/a><\/p>\n\n

EXPLORE:\u00a0Top 20 Crypto to Buy in 2025<\/a><\/strong><\/p>\n

Why Did STRK Crypto Crash 12%?<\/h2>\n

With the broader crypto market crashing, altcoins like STRK face added bearish pressure due to token unlocks. On 15 November, STRK unlocked 5% of its total circulating supply as part of its monthly cliff unlock schedule, ongoing for over a year.<\/p>\n

So much FUD about @Starknet<\/a> token unlocks and dumping after\u2026<\/p>\n

Meanwhile staking just increased by +30M $STRK<\/a> right after unlock. They\u2019re not selling, they\u2019re locking.<\/p>\n

This is insanely bullish! pic.twitter.com\/DnS59lliJG<\/a><\/p>\n

\u2014 manuel jhair (@jhair052) November 17, 2025<\/a><\/p>\n\n

At the same time, early investors and contributors, locked since the 2024 airdrop, have been offloading to realize gains, causing its price action to plummet.<\/p>\n

As of right now, STRK is trading at
\n
\n <\/span>
\n <\/span>
\n, down by 10% in the last 24 hours, but still up by 4% on the weekly chart.<\/p>\n

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