The SEC listed several cryptocurrencies as securities in their lawsuits against Binance and Coinbase – eight of the nineteen were mentioned in both.
How are they doing today? Let’s look:
$SOL -7.46%
$ADA -9.06%
$FIL -5.61%
$MATIC -6.45%
$SAND -7.47%
$MANA -8.15%
$ALGO -7.61%
$AXS -7.01%
Not so great when compared to the total market cap, which is down only -2.88%. And some of their charts look worse than the others.
But none look as bad as Algorand’s weekly chart. Oof.
ALGO is on its eighth straight week in the red and poised to hit a new all-time low for a weekly close, surpassing the March 2020 low.