WTC plunged 56%, down to just a dime. According to Binance's real-time data, its 24-hour trading volume is still $WTC $$WTC 480,000. You can practically smell the panic selling through the screen. PHB is down 55%, ACA has been cut in half, and VIC has dropped over 40%—the whole small-cap crew is getting wrecked. Put simply, once money gets pulled out of the Bitcoin ETF, leverage gets liquidated first, and the least liquid coins are the first to go down. When they start falling, there's no catching your breath. This coin once rode on the IoT narrative around Waltonchain, but now it just brings back memories of getting stuck holding the bag. I'm just watching from the sidelines—not catching falling knives. Do as you like.
#AltcoinCrash #DontCatchFallingKnives
The above is solely my personal opinion and does not constitute investment advice.