DRIFT (DRIFT) fluctuated by 44.6% in 24 hours: price surged and then fell back, accompanied by increased trading volume
Bitget Pulse2026/04/13 18:35Volatility Summary
In the past 24 hours, DRIFT's price rebounded from a low of $0.0368 to a high of $0.0532, currently trading at $0.039, with a price fluctuation amplitude reaching 44.6%. The 24-hour trading volume is approximately $28.65 million, higher than usual levels.
Brief Analysis of Causes for Price Movement
• In the past 24 hours, there have been no official announcements, new events, large on-chain whale transactions, or mainstream news directly driving this move.
• The community continues to discuss follow-ups to the April 1 hack (losses around $285 million). For example, on April 12, X user @CryptoCurb criticized the team for not apologizing, not announcing compensation plans, and security configuration issues (2/5 multisig, no timelock) in a post, which received 200+ likes.
Market Opinions and Outlook
The prevailing community sentiment remains negative, focusing on poor handling of the hack and fund recovery, with users calling for a compensation plan. Although there was a short-term bounce, the price remains highly volatile. Analysts warn of elevated RSI and possible pullbacks, recommending attention to protocol recovery updates.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, and is for informational purposes only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Eight Highlights of Anthropic IPO Prospectus: Astonishing Growth, but Risks are Obvious
The Anthropic prospectus reveals several highlights: a large-scale enterprise customer base with over 1,900 customers generating more than one million dollars in revenue; as of June 2026, revenue has increased by 1,368% year over year, far surpassing the growth rate of computing costs; positive operating cash flow; and all seven co-founders remain with the company. The company also acknowledges risks, including concentrated supply from TSMC and potential memory chip shortages as significant concerns. October ARR data will be additionally disclosed in a revised version of the document.
Selling Chips, Leasing, Providing Residual Value Support: Broadcom (AVGO.US) Teams Up with Wall Street's Four Giants to Raise $63 Billion to "Inject Funds" for Anthropic's Chip Procurement
Broadcom has reached a $63 billion deal with Bank of America, Blackstone Group, Citigroup, and Morgan Stanley to provide funding for the purchase of chips for AI model developer Anthropic PBC. The transaction is conducted through a newly established special purpose company, which has secured financial commitments from these firms to purchase Broadcom chips and lease them to Anthropic.
The Biggest Winner in the AI Fundraising Frenzy: Goldman Sachs Remains the King of Wall Street
In a single day, three AI mega financing deals totaling over $210 billion took place, and Goldman Sachs’ name appeared in each one: co-leading Meta’s $95 billion stock offering, exclusively overseeing the $40 billion chip financing structure for SpaceX, and serving as the lead bookrunner for Anthropic’s IPO. The AI financing supercycle is reshaping the competitive landscape on Wall Street, with Goldman Sachs taking the lead in turning relationship advantages into real money.
Anthropic may secure the "largest IPO in the stock market," but may not achieve "investment grade in the bond market"
The prospectus reveals that the company is already burdened with $6.2 billion in current liabilities, and its uninitiated lease commitments have soared from $50 billion to $321 billion, with an additional $77 billion in hidden borrowing options. The off-balance-sheet "chip financing" structure it has built in partnership with Broadcom is considered a potential counterparty risk due to circular trading. In comparison, SpaceX made a clear commitment to an investment-grade credit rating and successfully completed a $25 billion bond issuance. Anthropic, however, has barely mentioned an investment-grade credit rating, making it difficult for bond market buyers to price its offerings.
Crypto prices
More
