What happend on Binance exchange? 😱
It looks similar to the LUNA Collapse chart.. No way.. 😰 Not only $ATOM but also other altcoins on the Binance exchange collapsed and have recovered.
This chart is scaring me.. and it represents the difficulty of altcoin investment. When you invest altcoins, don't forget this chart.
The investment difficulty of this cycle is higher than other cycles. Since many retail speculators have been doing futures, and wiped out many times, the altcoin market might be boring due to the lack of the liquidity.