Audiera Crashes 20% After $11 Rejection: Can BEAT Hold $3?

Audiera's price plummeted by 20% after facing rejection at $11 just five days ago.

The altcoin, trading under the ticker BEAT, fell to a low of $3.2 and currently trades at $3.40.

This decline was accompanied by a significant drop in Open Interest on the derivatives side, which fell 41% to $119.8 million.

The sharp decrease in Open Interest suggests that traders were closing positions and reducing exposure rather than betting on a recovery.