Mira AI Faces Sharp 78% Drop Amid Low Liquidity

Mira AI is currently trading at a very low price of $0.000008384, with a significant 24-hour decrease of 78.81%, and a trading volume of just over $9,000. Its liquidity is approximately $15,237, and it has a Dext Score of 47 out of 99. The fully diluted valuation stands at $8,385, indicating a very small market cap relative to its valuation metrics. The contract is verified, but the project has unlimited fees, which could be a concern. The recent steep decline suggests high volatility and potential risk. The low price coupled with a poor Dext Score reflects a weak position in the market, and the negligible trading volume makes it difficult to establish clear support levels or liquidity to exit positions easily. While the project is active on social media and has a website and verified contract, these factors do not redeem the high risk associated with the current decline. Investors should approach Mira AI cautiously, considering the dramatic price drop and limited trading activity. It might be more suitable for high-risk speculators rather than long-term investors or those seeking stability. The coin’s declining trend and the weak Dext Score point to potential further downside or continued volatility. This situation emphasizes the importance of thorough due diligence, especially with tokens experiencing such sharp declines and low liquidity, which can increase susceptibility to manipulation or sudden price swings.