$BEAT Drops 31.59% in 24h With $461.95M Volume and $1.39M Liquidated

BREAKING

$BEAT is trading at $0.1348 as of August 20, 2026 at 13:11 UTC, following a sharp 31.59% decline over the prior 24-hour period. Despite the selloff, the token recorded a modest 2.04% recovery in the most recent 1-hour window, suggesting some short-term stabilization at current levels.

Trading activity surrounding the move was substantial. $BEAT generated $461.95M in 24-hour volume — a figure that stands in notable contrast to its current market cap of $45.45M, indicating turnover many times the token’s total capitalization. Total 24-hour liquidations reached $1.39M, adding pressure to an already volatile session.

Open interest sits at $49.07M, slightly above market cap, pointing to elevated derivatives exposure relative to the token’s size. The funding rate is currently at 0.0398%, reflecting a mild long bias in perpetual futures markets at this snapshot.

Technical indicators across timeframes lean heavily oversold. The RSI reads 32.07 on the 1-hour chart, 19.54 on the 4-hour — a level widely considered deeply oversold territory — and 32.19 on the daily. These readings are data points, not guarantees of reversal, and should be interpreted cautiously given the scale of the decline.

Broader market sentiment indicators from the same data snapshot show a Fear & Greed Index of 61 out of 100 and an Altcoin Season Index of 40 out of 100, suggesting the wider market remains in a cautiously optimistic zone while altcoin momentum is below the midpoint threshold.