Crypto Chaos: Stellar and XRP Plunge! Investors Cry, Markets Boil Over! 🔥🚀

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Crypto Chaos: Stellar and XRP Plunge! Investors Cry, Markets Boil Over! 🔥🚀

In the murky depths of the crypto sea, a wave of despair has washed over traders this Wednesday, like a bad joke nobody asked for. The entire market, already bloated with hopes and dreams, was swept away in a tide of selling. Oh, the glorious nonsense of it all! 🌊🤣

Market Crash

The altcoin circus took a hit with Stellar (XLM), that shiny star, tumbling nearly 5%, echoing XRP’s dramatic 6% nosedive. Looks like the crypto giants turned into little more than falling stars-literally! 🌠😅

Over $465 million in liquidations in just a day-that’s more than what some countries spend on coffee! And guess what? More than half of that was on longs, because who doesn’t love a good squeeze? Just yesterday, shorts were the main squeeze, and today, everyone’s just squeezing their heads in confusion.

Liquidation chaos

Meanwhile, open interest-fancy talk for ‘how much bet on this nonsense’-drops by 11.79% for Stellar, settling at a modest $142.74 million. A little profit-taking after the recent “soaring to the moon”-or so the folks hoped. Looks like traders are just grabbing snacks and running away from the table! 🍿🙄

Despite the bloodshed, the total crypto futures interest still hovers above a colossal $143 billion-enough to make a banker sneeze. Funding rates are slightly positive, suggesting that maybe-just maybe-there’s a tiny flicker of hope. Or a fools’ gold rush. Who’s to say? 🤷‍♂️✨

Stellar (XLM) Takes a Profit Tumble-The Saga Continues

Wednesday’s pre-market chaos in the U.S. caused prices to bleed, wiping out that early “2026 is ours!” optimism. Remember how XLM seemed to get all excited on Monday, climbing up to 8%? Well, it did, but then the bears decided to spoil the party.

XLM, which had a brief flirtation with $0.254, now finds itself chilling around $0.233, just like a teenager after the party’s over. It tried to break the resistance at $0.255 but got shut down faster than a bad joke. The traders are eyeing the 50-day moving average at $0.232-if it holds, maybe, just maybe, the hype train will roll on for another round of madness. Choo-choo! 🚂😂

Market Reversal

So, dear reader, hold onto your wallets-this crypto rollercoaster is far from over. The only thing predictable here is unpredictability. Cheers to profit, losses, and the eternal dance of fools in this digital circus! 🍻🤡

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2026-01-07 17:23