Harmony: ONE Token Falls 50% on Exploit Hack

Harmony (ONE) plunged 50% today after an exploit minted 4 billion tokens, pushing the protocol to fresh lows following an 80% drop in 2026.

The project reached a $4B valuation in 2021 before a 99% decline through 2025 as AI industry impact accelerated protocol failures across the sector.

Technical confluence shows price at $0.0 testing lower Bollinger support with RSI(14) at 9.56 in oversold territory and MACD death cross confirming bearish momentum, suggesting any relief rally may stall at EMA50 resistance before further downside pressure builds on ONE price prediction models during the broader crypto market crash.