$LAYER
The price of $LAYER has sharply declined by over 40% in one day.
A similar pattern was seen previously with $OM. It seems that large investors have started to gradually sell their holdings.
As usual, the price initially rose, then the token was listed, and shortly after, it collapsed — leaving many individual investors stuck in the downturn.
This collapse happened specifically before the opening of 12.9% of the scheduled tokens on May 11.
Do you think market sentiment will change or will it continue for other currencies?? Share your opinion in the comments