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World Mobile Token drops for seven straight days to hit a new 90-day low
- World Mobile Token suffered a prolonged sell-off, hitting a new 90-day low.
- The token fell for seven consecutive days to close at $0.05502, representing a 14.7% decline over the streak and a 41.5% drawdown from its 90-day high.
- The persistent decline on elevated volume suggests strong distribution and a lack of immediate buying support.
Supporting datasets
Supporting queries
To surface this insight, Baselight ran 4 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
WMTX-USD fell for 7 straight days from May 14 to May 20, dropping from $0.06449 to $0.05502 (-14.68%). May 20 volume was $233,426,713 vs a 30-day average of $166,624,560 (1.40x). Its 90-day high is $0.09398 (-41.45% drawdown). Calculated using daily price and volume records from @coindesk.indices.coindesk_spot_price.