According to Gate market data, as of May 14, LAYER is currently priced at $1.15, with a 24-hour fall of 1.54% and a 30-day fall of 42.54%. Since the end of February this year, the LAYER Token has bottomed out around $0.6 and has started to rise, maintaining its strength even when the overall market experienced a big dump. However, on May 6, after reaching a high of $3.4, LAYER began a downward trend and entered a big dump mode at 4 PM that afternoon, dropping more than 30% in one hour, with a daily fall of 49% on May 6, and has continued to decline since.
According to public market news, LAYER unlocked 27,020,000 Tokens on May 11 at 10 PM, at that time the market