The market is getting crushed, but W is rallying against the trend—$BTC fell below 76,000, and ETH dropped 8% in a day, while W is up 7%–13% over 24h. Its current price is around $0.0113, after reaching an intraday high of $0.0119. The 10,000 U bought at the morning low of $0.0103 was worth 11,600 U at the high; the 10,000 U bought at yesterday’s closing price of $0.01129 is now worth only a little over 10,000 U. The real gains went to those who bought the intraday low. Its market cap is only $76 million–$79 million, with $16 million–$23 million in 24h trading volume—more than double on increased volume—and $1.3 billion in TVL backing it. Even though it’s still down 16%–30% over 30 days and 99% from its all-time high of $1.61, once sentiment recovers, a small-cap cross-chain leader like this has always had more upside than BTC. In a weak market, those that dare to rally against the trend are worth a closer look. #Wormhole #cross-chain
