People cryptocurrency market has not look promising in the past few days because of some situations taking the liquidity to a specific part of the market making liquidity not to spread in the whole market.
The first one that makes the market not so trigger as expected is $trump on sol. Trump on solana coin created by trump for head his inauguration ceremony which money people take their money from Market and invest in trump on solana ($TRUMP). Within 24 hours of creating the coin, the market cap surge to over 40 billion dollars and here comes his wife in the play. Melania trump ($MELANIA) , she also created her coin as the first lady of the United States of America, the coin created a hype as the president of American is still on heavy hype, making the market to crash multiple times without control.
Many altcoin could not be able to survive the deep and most of them are down by 2x,3x or 5X. And the whole investor in cryptocurrency are expecting a turn up within few days but it was not so because of an AI.
Check the next post about AI and how they can affect the market strain
Interesting. The skyrocketing of $trumpcoin still leaves people in amazement. His influence in the crypto world just can't be overlooked.