What Is The Crypto Twitter Scenario On Current Market Dip?

  • The cryptocurrency market is now down by 12% over the past 24 hours, with Bitcoin and Ethereum being down by about 9% and 14% simultaneously.
  • The market seems to be crashing, and the response from the community is quite straightforward, with some asking forgiveness from money for previous acts, while others looking forward to a slowdown.
  • While some popular cryptocurrency investors claimed on crypto Twitter that the market might never recover, some other known personalities claimed that it is inevitable to recover.

At times, all you have to do is laugh to keep from crying. Alternatively, tweet so you don’t have to constantly update your diminishing bitcoin portfolio. Bitcoin and Ethereum prices have dropped by more than 9% and 14% in just 24 hours, respectively. As per the data from cryptocurrency price tracking platforms, a single Bitcoin currently sells on an exchange for around $35,510.79, its lowest price since July. In the meantime, Ethereum has fallen below the $2,500 mark for the first time since September. Since the major cryptocurrencies are down, let’s avoid the dozens of governance tokens, layer-2 assets, and meme coins that exist.

Crypto Twitter is trying its utmost not to loose its cooperative thoughts, with the entire cryptocurrency market valuation dropping about 12% since yesterday. In addition to the customary bravado about buying the dip, holders of digital assets are using macabre humor to keep their spirits higher than their wallets. Those who left their employment during the bull market may want some cheering up. As Cobie, co-host of the Up Only crypto podcast, cracked a joke about screwing money, he now has to state that he is sorry for his prior acts, and that he was experiencing mental health issues’ money.

Messari’s CEO’s Response

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Others pleaded for a market slowdown. Ryan Selki, the CEO of Messari, wanted everyone to stop selling because he didn’t want to have fun staying poor again, referring to a taunt frequently hurled at no-coiners by crypto enthusiasts. 

Crypto Market Might Never Recover!

Gabriel Shapiro, senior counsel of Delphi Labs and self-proclaimed worst trader, took a few minutes to explain why consumers should stop selling. However, it’s possible that they’re onto something. With a sly grin on his face, EthHub creator Anthony Sassano wrote that to allay fears that markets would never recover, Solana NFT anon NFToly stated that the cryptocurrency market would almost surely revive. NFToly wrote that do not worry, good dog coins, OHM forks, and pixel creatures are among your assets. They’re surely going to return.

ALSO READ – TWITTER SEEKS TO HIRE CANDIDATES FOR CRYPTO ROLES

Source: https://www.thecoinrepublic.com/2022/01/23/what-is-the-crypto-twitter-scenario-on-current-market-dip/