Siren (SIREN) hit a new all-time high of $0.7877 earlier today, March 17, 2026. The upswing pushed the project into the top 100 projects by market cap. SIREN is currently the 96th largest crypto project, with a market cap of $551 million. The AI-powered memecoin is currently one of the best performing assets in the crypto market. According to CoinGecko data, SIREN’s price has surged 19.2% in the last 24 hours, 51% in the last week, 88.1% in the 14-day charts, 436.4% in the previous month, and 1878.9% since March 2025. Let’s discuss if the memecoin can continue rising, or will it face a big crash soon.

Will Siren Rally To Another All-Time High, Or Will It Crash?

Siren’s (SIREN) latest price surge could be due to increased open interest in the project. Investors may be giving in to FOMO (Fear Of Missing Out) amid rising prices, leading to a continued rally. However, some reports claim that there have been increased bot participation.

Given the larger bearish market environment, there is a high chance that SIREN will face a price correction soon. Memecoin, especially relatively lesser known ones like SIREN, carry substantially more risk than other major crypto assets. Market participants are not ready to carry big risks at the moment. Investors could book profits and move their funds to safer bets.

Additionally, if SIREN’s rally is fueled by bot participation, we could see a massive price crash soon. Nansen data showed increased bot activity in SIREN’s February price surge. If the current price rally is also due to bot participation, investors could lose confidence and cash out.

Also Read: Here’s Why Bitcoin Holding $74000 Is Vital For A Bull Run

Moreover, the crypto market is still weak, and investor confidence is drastically low. Given the larger bearish environment, SIREN could face a massive price correction in the coming days.