SOL - Saturday's Crypto Meltdown: Why Some Cryptocurrencies Are Down Over 25% Today
If you thought Friday's crypto sell-off was intense then you'll be shocked to see the state of trading on Saturday. Many cryptocurrencies were down by another 25% with some falling 30% in the last day.
Solana (CRYPTO: SOL) fell as much as 26.8% in the last 24 hours as of 1:00 p.m. ET, Polkadot (CRYPTO: DOT) dropped 24.7%, Chainlink (CRYPTO: LINK) lost 24.8%, and The Sandbox (CRYPTO: SAND) plunged 27.1%. All four are down over 20% over in trading over the last 24 hours.
Zooming back even further, Solana is down 37.2% over the past week, Polkadot is down 36.7%, Chainlink fell 38.9%, and The Sandbox plunged 39.3%. The selling was bad this week, but Saturday only intensified the pain.
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Saturday's Crypto Meltdown: Why Some Cryptocurrencies Are Down Over 25% Today