🔥 #HM2 : Red day — VIRTUAL, KAS & WAL in free fall!
📉 The most affected sectors:
– Metaverse & gaming : $VIRTUAL –10.1 %, $SAND –4.5 %, $GALA –5.4 %
– Layer 1 / Alt-L1 : $KAS –9.2 %, $WAL –9.6 %, $TIA –6.8 %
– AI & Big Data : $FET –3.8 %, $GRT –4.3 %, $INJ –5.1 %
🔍 Quick market reading:
No category is really holding up. Investors seem to be fleeing recently hyped alts. No sector is outperforming at this time.
🎯 Conclusion:
Declining volumes confirm intraday disengagement. Day of pause or beginning of a purge?