đ„ #HM2 : Red day â VIRTUAL, KAS & WAL in free fall!
đ The most affected sectors:
â Metaverse & gaming : $VIRTUAL â10.1 %, $SAND â4.5 %, $GALA â5.4 %
â Layer 1 / Alt-L1 : $KAS â9.2 %, $WAL â9.6 %, $TIA â6.8 %
â AI & Big Data : $FET â3.8 %, $GRT â4.3 %, $INJ â5.1 %
đ Quick market reading:
No category is really holding up. Investors seem to be fleeing recently hyped alts. No sector is outperforming at this time.
đŻ Conclusion:
Declining volumes confirm intraday disengagement. Day of pause or beginning of a purge?