The Siren (SIREN) coin is grabbing attention today with a significant increase in its market capitalization, according to a revelation disclosed today by expert analyst CoinGecko. As per the analyst’s observation, the asset’s market cap recently climbed to $2 billion in less than a month from $160 million.
CoinMarketCap data shows that SIREN’s market capitalization currently stands at $2.19 billion, an increase of 97.15%, indicating a massive rise in capital inflows into its market. Besides that, its trading volume surged by 299.19% over the past 24 hours, signaling renewed trader buying conviction in the market.
This is further supported by the asset’s latest price movements. CoinGecko metrics indicate that today, SIREN currently trades at $2.94 after seeing a massive 98.46% over the past 24 hours. Also, the asset’s price has been up 371.1% and 1232.2% in the past week and month, respectively, showing investors are engaging in serious token accumulations.
Drivers of SIREN’s Market Rally
The SIREN coin is the AI crypto token that drives Siren, an AI-powered DeFi platform built on the BNBChain, which combines meme culture with artificial intelligence to streamline and improve cryptocurrency investing.
Strong metrics highlighted above indicate that recent whale buying activity in the market is contributing to the massive rises in SIREN’s price and market cap. Data shared today by Cointime identified a whale who bought 1.27 million SIREN tokens two months ago at a price of $0.07827 per token. Yesterday, the whale sold the tokens when the SIREN price reached $1.64 per token, earning a profit of over $2 million.
Today’s data reported by EmberCN monitoring indicates that whales currently control over 88.5% of the SIREN token supply. Yesterday, the analyst tracked SIREN whales, who consolidated 484.6 million tokens worth $1.04 billion (representing 66.5% of total supply) into 48 wallets. Data shows that the tokens were bought in late June 2025 at a price of $0.045 for a capital worth $21.8 million, which now gives a return of 47x due to SIREN skyrocketing prices.
Amid the token’s massive uptrend, the asset has entered a critical phase after experiencing the big whale consolidation event. The EmberCN data revealed that a single institution now controls 66.5% of SIREN’s circulating supply value at 484.6 million tokens worth $1.04 billion, as highlighted above.
Will SIREN’s Uptrend Last?
Over one and a half months ago, SIREN price rose from $0.08 to $2.94, driven by revamped appetite in crypto AI assets and the debut of Siren’s perpetual futures, which have increased purchasing activity through short squeezes.
Last week on Friday, Sun Wukong, a Chinese decentralized contract trading platform, debuted SIREN/USDT perpetual contracts, with a maximum leverage of 20 times, a move that attracted interest from global investors, especially Asian traders.
However, on-chain indicators suggest that SIREN’s bull run might not last for long as its current overbought condition is likely to bring a cooldown market soon.
