PANews reported on November 25th that Irys (IRYS) plummeted by approximately 85% after its listing on Binance Alpha. Market data shows that IRYS reached a high of $0.11 per token at the opening of trading at 7 PM tonight, with airdropped users able to claim 1200 IRYS tokens, averaging a profit of approximately $132. However, it quickly plunged 86%, currently trading at $0.0135 per token, with the profit rapidly shrinking to around $16. IRYS's market capitalization has now shrunk to less than $30 million.