📉 After a series of soaring days, the crypto market has finally faced a correction.
Last night and early this morning (10/08), many major cryptocurrencies experienced a sharp decline after a growth phase from the beginning of October until now, with a total liquidation value in the past 12 hours reaching nearly 440 million USD, of which long positions accounted for 83%. 🔥
However, only $BNB and its ecosystem have continued to "ride the storm" by maintaining an upward trend, with a series of memecoins blooming on this blockchain and reaching a market cap of hundreds of millions of USD in a short time. 🎈
Show original
22.67K
5
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.