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M token plunges 37% in eight days after hitting 90-day high
- M token has suffered a rapid selloff, dropping from its 90-day high of $4.56 on May 15 to $2.87 on May 23.
- The token has lost 37.0% of its value in just over a week, with consecutive down days before stabilizing slightly on the final day.
- This sharp decline represents one of the steepest post-peak drawdowns in the tracked dataset over the last month.
Supporting datasets
Supporting queries
To surface this insight, Baselight ran 2 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
M token peaked at its 90-day high of $4.5634 on May 15 and slid to close at $2.8733 on May 23, representing a -37.04% drawdown in 8 days. This rapid trend shift is fresh as of the latest May 23 data.