SIREN dropped straight from $1.7 to $0.27 today, down over 80%. The reason is simple: wallets are too concentrated, with a single entity controlling 50-88% of the supply. Previously, it was pumped to a high of $4.8 using AI narratives, but whales selling off + leverage liquidations caused an instant crash. Classic meme pump-and-dump, with retail investors left holding the bag. The chips haven’t rotated yet, so don’t rush to buy the dip in the short term—still very risky.