I've been watching the market cap changes of a few tokens lately—pretty interesting stuff.
First, let's talk about $1. It dropped straight from 6M to 1.9M—a huge loss.
Then there's the "Yellow Fruit Year" series—the English version fell from 4M to 1.7M, while the Chinese version, $黄果之年, did even worse, shrinking from 800K to 450K. "黄果年" is a pun, you know—panic and yellow, both apply.
There's also that identity card token from a major exchange. It used to have some prestige, but now its market cap has been halved from 2M to 900K, and the aura of being a status symbol has faded.
But some are holding up. $bibi has stayed relatively stable, holding at 6M without much movement. $DOYR has also been cut in half, but its average daily market cap is steady at 10M, which counts as resilient in this round of corrections.
That's how the market is—some crash, some hold strong, and the numbers don't lie.
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I've been watching the market cap changes of a few tokens lately—pretty interesting stuff.
First, let's talk about $1. It dropped straight from 6M to 1.9M—a huge loss.
Then there's the "Yellow Fruit Year" series—the English version fell from 4M to 1.7M, while the Chinese version, $黄果之年, did even worse, shrinking from 800K to 450K. "黄果年" is a pun, you know—panic and yellow, both apply.
There's also that identity card token from a major exchange. It used to have some prestige, but now its market cap has been halved from 2M to 900K, and the aura of being a status symbol has faded.
But some are holding up. $bibi has stayed relatively stable, holding at 6M without much movement. $DOYR has also been cut in half, but its average daily market cap is steady at 10M, which counts as resilient in this round of corrections.
That's how the market is—some crash, some hold strong, and the numbers don't lie.