* **Market sentiment:** The overall bearish sentiment in the cryptocurrency market, coupled with the recent volatility of Bitcoin, has contributed to the decline in Walken’s price. * **Competition:** The emergence of new and innovative projects in the DeFi space has intensified competition for users’ attention and investment. * **Regulatory uncertainty:** The lack of clear regulatory guidelines for cryptocurrencies in many jurisdictions has created uncertainty and risk for investors.

The price of JEFF has been on a downward trend for the past few weeks, with a significant drop of 15% in the past 24 hours. This decline is attributed to a combination of factors, including market sentiment, regulatory concerns, and the overall bearish market environment. Market sentiment has been negative, with investors expressing concerns about the future of the cryptocurrency market. This sentiment is further fueled by regulatory uncertainty, with governments around the world implementing stricter regulations on cryptocurrencies. Regulatory concerns have been a major factor in the price drop of JEFF.