Decentraland

Chainlink

Cardano

Polygon

Solana

Shiba Inu

<h3 id="allegations-of-tokens-as-securities-spark-risk-off-sentiment-among-traders">Allegations of Tokens as Securities Spark Risk-Off Sentiment Among Traders</h3>In the wake of the recent U.S. Securities and Exchange Commission (SEC) lawsuit against cryptocurrency exchanges Binance and Coinbase, tokens from major blockchain networks experienced a significant decline of over 20% within the last 24 hours. This downward movement can be attributed to a possible risk-off sentiment among traders following the allegations that 13 tokens were deemed securities by the SEC.Significant losses in the crypto market occurred during the early hours of Saturday, with Solana (SOL), Polygon (MATIC), and Cardano (ADA) experiencing sharp declines of up to 25%. This sudden drop led to speculation on Crypto Twitter about the possibility of a major crypto fund selling its holdings during a period of relatively illiquid market conditions. As a result, the weekly declines for these tokens reached as much as 34%, as indicated by the data. <a href="https://cryptosheadlines.com/tokens-sol-ada-and-matic-plummet-20-following-sec-lawsuit-allegations/" rel="noopener noreferrer nofollow">Read More...</a>Follow Cryptos Headlines on <a href="https://news.google.com/publications/CAAqBwgKMLz3-wowvuzoAg" rel="noopener noreferrer nofollow">Google News</a>Join Cryptos Headlines <a href="https://linktr.ee/cryptosheadlines.com" rel="noopener noreferrer nofollow">Community</a>

Tokens SOL, ADA, and MATIC Plummet 20% Following SEC Lawsuit Allegations

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