💎 Today, even authors who have nothing to do with TON wrote that $GRAM has turned into a stablecoin. Not to mention everyone else. They still haven’t figured out where they are, so let me clue them in: “in crypto.” If you want stability, go work in a factory; everything there is clearly laid out in the employment contract, but here it’s the Wild West. Relax and enjoy 😂

And now let’s take a look at what they didn’t write about 👇

📉 Bitcoin fell below $74,000, Ethereum dropped to $2,100, and altcoins continue to lose value. Over $1 billion in positions were liquidated in the crypto market in 24 hours, mostly longs.

🔻 And crypto isn’t the only sector in trouble. The U.S. tech sector is also taking a serious hit. In a single trading session on November 5, Nvidia shares lost more than 9%, AMD 17%, Micron 17%, and Broadcom 10%. Some of those losses were recovered the next day, but the overall picture remains negative.

🔴 Investors are massively reducing their risk exposure. Around $1.28 billion flowed out of U.S. spot Bitcoin ETFs just last week. Concerns are growing in the stock market over the inflated valuations of AI companies and whether their multibillion-dollar investments will pay off.

⚠️ In crypto, the situation is being made even worse by the fallout from the Binance hack, regulatory uncertainty in the U.S., and cascading trader liquidations.

👀
We expected AI to pull the entire market higher, but for now it’s plunging right alongside crypto. Is this just another correction, or is the sell-off only gaining momentum ahead of November 11?

#crypto #GRAM