Because btc and eth are down. or other cause. Can you help me know more?
It caused by the price of bitcoin and ethereum were going down. This was affecting the buy support and if there will be no buy support on the market and it will be so easily dumped by the private sale participant or investors. Remember they will always get a huge bonus and this will become the worst scenario.
The price of many projects is linked to the price of Ethereum, and when it falls, everything connected with it falls. In addition, investors are also trying to sell their coins as soon as possible, which causes an additional collapse.