Tanking

In a sentence

The token began tanking after the project disclosed a major security breach.

• The token began tanking after the project disclosed a major security breach.
• Prices were tanking across the market as leveraged positions were liquidated.
• The asset kept tanking despite the team's attempt to reassure investors.
• A rumor that the exchange was insolvent sent its native token tanking.
• Traders reduced risk when several small-cap coins started tanking at once.