In a turbulent market environment, CES has defied the odds by surging 10% to approximately $1.41, even as major altcoins plummet by 15-25%. This rise is attributed to CES's real-world application, with November alone seeing about 487,000 transactions, underscoring its stability through practical use rather than speculation.
The broader market is experiencing significant distress, with a global decline of around 7% and Bitcoin trading at $92,000. ETF outflows have reached $2.8 billion, exerting downward pressure on prices, while approximately $1 billion in long positions have been liquidated, pushing the market into a state of extreme fear. Despite the chaos, Meta Whale continues to build for the future, maintaining a steady course.
CES Defies Market Downturn with 10% Surge Amidst Panic
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