Cysic’s Sharp 50% Drop After Exchange Listings Highlights Profit-Taking and Dilution Risks
Cysic’s CYS token fell about 50.2% in 24 hours ending Aug. 16, 2026, from around $1.50 to $0.75 on volume near 10 times its 30-day average. The sell-off followed exchange listings on Upbit (Aug. 11) and Biconomy (Aug. 12) and a GPU-proving update (Aug. 13). Investors cite thin liquidity and dilution risk from 16.08% circulating supply.
