Layer 1 token falls off when the cryptoma market breaks

Krypto News Österreich

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Veröffentlicht am 13.09.2021

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The market weakness hit Layer 1 projects hard. Several Layer 1 tokens have suffered significant losses today as tractions. Layer 1S experience Pullback after a month of comet gain and new all-time highs seem to correct the Layer 1 tokens. Some of the largest Layer 1 blockchains have broken down in the last 24 hours because the wider cryptoma market continues to tend. Diagram with SOL (blue), FTM (orange), Avax (cyan), Luna (yellow) one of the biggest winners of the last month, he also experienced the most violent pullback. The token recorded a new all -time high of $ 1.92 last week, but has since decreased by over 33% to USD 1.25. While the FTM token ...

The market weakness has hit Layer 1 projects hard.

Several Layer 1 tokens have suffered significant losses today.

Layer 1S experience Pullback

After a month of comet profit and new all-time highs, the Layer 1 token seem to be correct.

Some of the largest Layer 1 blockchains have broken down in the last 24 hours because the wider cryptoma market continues to tend.

Diagram with Sol (blue), ftm (orange), Avax (cyan), luna (yellow)

one of the biggest winners of the last month, he also experienced the most violent sweater. The token recorded a new all -time high of $ 1.92 last week, but has since decreased by over 33% to USD 1.25. While the FTM token has easily recovered, it has still fallen by more than 16% in the last 24 hours.

was also hit hard. As with Fantom, the top euphoria drove the price of the Sol-token last week to an all-time high of $ 213.47, but since then it has experienced a sharp decline. Solana has dropped by 12% today and is traded at $ 153.77.

(AVAX) and (Luna) have developed two -digit losses due to bullish news that drove prices at the weekend, better developed. Both tokens have been fell by over 13%, but are traded higher than last week when Fantom and Solana reached new all -time highs.

Since there are no large declining messages for Layer 1S, an excessive exuberance on the market and a declining Bitcoin trend will probably explain the decline. It is a well -known phenomenon that if Bitcoin falls, other tokens are hit harder, and today it does not seem to be an exception (the second largest cryptocurrency after market capitalization, which is often followed by Bitcoin, has also dropped today). The largest cryptocurrency in the world has fallen by 3.25% in the last 24 hours and was traded at around $ 44,600 at the time of writing.

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fusion media or someone who is involved in Fusion Media assumes no liability for losses or damage resulting from the trust in the information contained on this website including data, courses, diagrams and purchase/sales signals. Please inform yourself comprehensively about the risks and costs associated with trading on the financial markets, since it is one of the most risky forms of investment.

Layer 1 token falls off when the cryptoma market breaks

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