The whole crypto market is literally struggling right now. | CRYPTO MECHANIC en Binance Square

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The whole crypto market is literally struggling right now.  

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CRYPTO MECHANIC

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My assumption on why $WLD dropped this much. it goes up because of Ai hype and only 110 Million tokens were in circulation and it's going down because 90% supply is locked and it will keep coming in the market by time. The total supply of WLD is 10 Billion and the circulating supply is now 273 million . Looking at the chart it looks more like the team is unlocking the tokens and dumping on the market as there is so much supply yet to be unlocked.

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Just checked weekly charts of multiple Altcoin Most of the Altcoins gave away the whole Bull market move. This is so insane 😳

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$1000SATS Update The weekly chart is clearly in a downtrend. The price has a nice bounce up last week and it might do a little more but this will still not change anything on the high timeframe unless there is a shift in trend.

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$PEPE Weekly chart update Price dropped under that key weekly high it was holding before. As long as price doesn't reclaim this broken zone it's not really a good looking weekly chart to me.

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I don't know what to say on this chart. Brutal $WLD

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