What Happened to SIGHT Price? Empire of Sight Dump Analysis

Empire of Sight ($SIGHT) experienced a significant market correction immediately following its high-profile token generation event and listing on January 13, 2026. After briefly touching an all-time high of $0.047, the token plummeted over 80% within the first 24 hours of trading.

As of January 15, 2026, the asset has stabilized in the $0.005 range, currently trading between $0.0047 and $0.011 across major exchanges. The sharp decline reflects a common volatility pattern for newly launched GameFi tokens, where early speculative hype meets immediate liquidity demands from airdrop participants.

Key Takeaways

• $SIGHT suffered an 83% price drop shortly after its January 13 launch on major platforms.
  
   
• The current circulating supply stands at 262.16 million tokens, representing roughly 16% of the total supply.
  
   
• Heavy sell pressure was driven by airdrop recipients and Binance Alpha listing participants taking early profits.
  
   

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$SIGHT: Primary Causes of the Post-Listing Price Dump

The primary catalyst for the price collapse was the massive influx of sell orders from "The Genesis Harvest" airdrop recipients and early private investors. As the token went live on exchanges like KuCoin, MEXC, and Binance Alpha, holders who had acquired tokens at lower pre-market valuations or for free through community tasks moved to exit their positions.

Furthermore, the listing coincided with a period of broader GameFi sector cooling, where investors are increasingly wary of high fully diluted valuations (FDV). With a total supply of 1.6 billion tokens, the disparity between the initial circulating market cap and the long-term supply schedule created a psychological barrier for new buyers.

Market data indicates that the trading volume spiked to over $21 million during the initial crash, suggesting that while sell pressure was intense, there was significant liquidity to absorb the move. However, the lack of immediate buy-side support in the first 48 hours led to the token testing its all-time low of $0.0039.

Read more: New World Paradise Play & Earn Game Guide: Codes, Gameplay, and Rewards

$SIGHT Current Market Stats and Recovery Potential

Despite the recent drawdown, Empire of Sight maintains a functional ecosystem with a reported 150,000 users and millions of on-chain transactions during its beta phase. The current market capitalization sits at approximately $1.4 million, positioning it as a microcap entry for investors betting on a GameFi recovery.

The protocol’s ability to stabilize depends on its upcoming AI-driven gameplay features and the scheduled burn mechanisms designed to reduce the impact of its 1.6 billion token cap. Traders are currently monitoring the $0.004 level as a critical support zone that must hold to prevent further price erosion.

• Current Price: $0.0052 - $0.0057
  
   
• 24h Volume: Approximately $21.8 million
  
   
• Circulating Supply: 262.16 million SIGHT
  
   
• Total Supply: 1.6 billion SIGHT
  
   
• All-Time High: $0.047 (Jan 14, 2026)
  
   

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Conclusion

The price action of $SIGHT serves as a textbook example of listing-day volatility in the Web3 gaming space. While the 80% dump has frustrated early participants, the project’s underlying metrics and multi-chain compatibility on BNB Chain provide a foundation for potential long-term growth.

Investors should remain cautious of the ongoing vesting schedules and the potential for further supply unlocks throughout early 2026. Stabilization near the current lows, combined with renewed volume, will be the first signal that the initial "dump phase" has concluded.

FAQ

Why did the Empire of Sight ($SIGHT) price crash?

The crash was primarily caused by heavy selling from airdrop recipients and early-stage investors seeking to lock in profits immediately after the exchange listing.

What is the current market capitalization of $SIGHT?

The self-reported circulating market cap is approximately $1.4 million, based on the current price and circulating supply of 262.16 million tokens.

On which exchanges can I trade $SIGHT?

The token is currently active on several major exchanges, including KuCoin, MEXC, Binance Alpha, and decentralized platforms like PancakeSwap.

Is there more sell pressure expected for $SIGHT?

Yes, investors should monitor the vesting schedule for the remaining 1.3 billion tokens, as future unlocks can increase circulating supply and affect price stability.

What is the utility of the $SIGHT token in the game?

$SIGHT is used for true asset ownership of in-game NFTs, facilitating cross-chain trading and fueling the AI-driven world events within the MMORPG.

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