Filecoin Tanks 6% Amid Heavy Sell-Off—Crypto Markets Pull Back
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Blood in the streets as Filecoin leads the crypto rout.
Another day, another crypto dip—Filecoin just got mauled by bears, shedding 6% in a sell-off that dragged down the broader market. Traders are hitting the panic button while 'HODL' memes collect dust.
Market-wide retreat: No safe havens today.
The usual suspects—leverage liquidations, macro jitters, and that one whale who always dumps at the worst time—combined to crush sentiment. Even Bitcoin couldn’t escape the carnage, though it fared better than altcoins. (Funny how the 'uncorrelated asset' narrative vanishes when Wall Street sneezes.)
Silver lining? Filecoin’s decentralized storage thesis remains intact. But try telling that to the bagholders watching their portfolios bleed out.
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