Cess Network Price Dips 54% to $0.003 Despite Major Exchange Listings
Highlights:
- The price of Cess Network has fallen 54% post-launch to $0.003 despite a 4000% increase in trading volume.
- CESS has obtained various listings on major exchanges, including Binance Alpha, KuCoin, and MEXC.
- CESS technical indicators show potential upside, despite users’ disappointment with the airdrop allocations.
As of 26 June, the Cess Network price has dropped 54% after its launch to $0.003, despite the trading volume spiking over 4000%. CESS has obtained several listings from major crypto exchanges, including Binance Alpha, Bitget, Gate, KuCoin, MEXC, BingX, WEEX, and Toobit. These exchange listings will ensure a certain level of visibility and liquidity in the crypto market.
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$CESS is officially launching! We’re thrilled to announce that #CESS has been listed on multiple major exchanges on:
📍 Binance Alpha | Bitget | Gate | KuCoin | MEXC | BingX | WEEX | Toobit#CESS is ready to power the future of decentralized AI data infrastructure. Stay tuned,… pic.twitter.com/m2kWxpEn40
— CESS Network (@CESS_Storage) June 26, 2025
During the launch day, the cost of the CESS token increased to a high of $0.0038, indicating a strong rise in the value of the token. The initial phases of the trading of the token imply a bullish movement, which has been demonstrated by the increase in the daily trading volume. However, some users who were farming on the CESS airdrop have shown some disappointment. Their expectations have not been matched, with some saying, “ban airdrops on launch day.”
Ban airdrops on launch day📝
Save #crypto save people $cess $h #cess #h pic.twitter.com/PXFw4OaM9z
— MECHrypto Engineer (@CryptoPunjab09) June 26, 2025
Cess Network Price Shows Strength Within a Rising Parallel Channel
According to the 3-minute chart, CESS/USD is on a solid rising channel. The token was listed at a price of around $0.003 and has hit a daily high of $0.0038. However, an early profiteering has seen a plunge towards the $0.0036 mark. The absence of the 50-day and 200-day MA in the outlook also indicates that the token has not been in the market long enough.
The RSI (Relative Strength Index) value of the token is 61.05, which indicates moderate buying pressure with no overbought state at the moment. If the buyers keep portraying strength, the CESS price could soar towards the 70-overbought region. In the meantime, the outlook portrays an intense buying opportunity.
What is Next for CESS?
Cess has obtained several exchange listings, which show that the token is set to take over the crypto market. Moreover, the rising daily trading volume shows that there is heightened market activity. If the bulls show strength and the support at $0.0034 holds, a potential rally may occur. In such a case, a rally towards $0.005 could be plausible.
However, with the traders unhappy about the recent CESS airdrop, they may sell their tokens and cause further downside. Moreover, the sell signal from the MACD indicator may trigger further selling pressure. In such a case, the $0.0034 support zone will act as the safety net. A drop below this level will call for deeper correction towards $0.003 lows.
In the future, CESS has preconditioned the step to transform the decentralized infrastructure industry. It tackles one of the major pain points of an AI company and a research organization that needs decentralized data storage and is cost-effective. Having been listed on some of the major crypto exchanges, CESS is certain to take a top position in the coming years. For now, traders should keenly monitor the rising volume and technical indicators for a potential direction.
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Emmaculate Araka
Emmaculate Araka is a cryptocurrency writer with published works on Crypto2Community and other news sources. She is believer in the transformative power of crypto and the blockchain industry, conducting on-chain analysis, breaking down market-triggering events, and helping traders and investors benefit from expert technical price analysis. Emmaculate finds gratification in diving deep into the crypto space, earning herself significant knowledge and experience. She holds a Bsc. in Information Science, and outside work, Emmaculate loves reading novels and watching documentaries.
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