Recently, #阿根廷总统MEME币争议 has been affected by various negative influences, from Trump and his wife issuing coins to the President of Central Africa issuing coins, and then to the recent controversy after the Argentine President's announcement. Retail investors have been selling off their SOL, causing its price to drop directly to $163.

The secondary market is sluggish, retail investor confidence is shaken, and market sentiment is overwhelmingly pessimistic. Both DeFi projects and the NFT sector have experienced varying degrees of correction, with some projects even going to zero and being delisted.

Recently, several countries have intensified their scrutiny of cryptocurrencies, especially regarding regulatory policies for exchanges and stablecoins, further exacerbating market panic. At the same time, some well-known institutions and retail investors have also begun to reduce their holdings in virtual currency assets, leading to a further shrinkage of market liquidity. Retail investors are like startled birds, choosing to exit and observe, fearing they will be the last ones to take the fall.

The Greed and Fear Index has also reached its lowest point in a year.