‼️🩸‼️Massive Drop Hits Stablecoin-Linked Jinyong Shares
Jinyong Investment (01328.HongKong), a company tied to the stablecoin sector, has suffered a steep 40% drop in share price.‼️🩸‼️
This major sell-off has pushed its market cap below HongKong $2 billion, signaling shaken investor confidence in crypto-themed stocks.
💬 Is the stablecoin narrative losing steam in traditional markets?