The Layer 2 currency sector has increased by 16.1% in the past 24 hours

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Cointime2024/03/22 04:41

By:Cointime

Data shows that as of now, the market value of Layer 2 tokens is 34.187 billion US dollars, with a 24-hour increase of 16.1%. In addition, the global trading volume of Layer 2 tokens in the past 24 hours reached 2.614 billion US dollars. Among them:

MATIC rose by 1.1% in the past 24 hours, now at $1.01;

Metis rose by 2.8% in the past 24 hours, now at $105.43;

XDAI rose by 0.5% in the past 24 hours, now at $0.998;

COMBO rose by 1.8% in the past 24 hours, now at $0.9212.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14