One of the altcoins that lost value significantly at the start of the SEC-Binance crisis, Pepe ( PEPE) the rate of decrease was remarkable.
made a statement last night SECfor violating the U.S. Securities Act. BinanceAnd CZ’y he sued. With this news that shook the market, altcoins rapidly lost value. While many altcoins are testing critical support levels, among these altcoins Pepe ( PEPE ) stood out. PEPE, which has lost nearly 20% in value in the last 24 hours, became the most falling coin of the day.
Serious Drops Seen in Altcoins
BTC easing to a significant support level has caused concern in the altcoin market. Almost all altcoins reached critical values in the big time frame. BTC, which received an upside reaction from $ 25,300, relieved altcoins a little. However, sales-weighted transactions in the market are more dominant.
Stablecoins, Kava (KAVA) and Nexo (NEXO), were the green coins of the day. BTC, which painted the altcoin market red, led to the collapse of Metaverse coins in particular. applegrowing rapidly with metaverseCoins have been heavily affected by this drop of BTC.
