The crypto market has set off a storm
The aftermath of the LIBRA coin has shaken the entire market. Popular currencies such as SOL and JUP have plummeted. Does this indicate the arrival of a bear market?
According to the latest data from SoSoValue, the AI sector led the decline in the entire market, with a drop of 6.58%. Among them, the declines of ARC and FARTCOIN exceeded 20%, which is shocking. GRIFFAIN, AIXBT and other currencies were also not spared, with declines of more than 10%.
In addition, NFT, Layer1, Meme, GameFi, DeFi, DePIN and other sectors have also suffered heavy losses, with declines of more than 4%. The market turmoil is shocking.
The Solana ecosystem is even more mired in the quagmire, among which SOl fell by 8% and JUP plummeted by 13.58%. This series of blows has made people panic, and they have begun to worry whether the bear market has quietly arrived.
In the face of such a turbulent market, how should we deal with it? Should we continue to stick to it or decisively cut our losses? This is a question worth pondering.
