A Toy Firetruck Thrown At My Face Hurts Less

Altcoin's in hell, life insurance is tokenized, top SEC cop is done, and GameFi news

OVERVIEW

A Toy Firetruck Thrown At My Face Hurts Less 🚒 

The total market cap is testing the $2.24 trillion level for support, but the altcoin market cap is at risk of dropping below the critical $1 trillion level. It’s a world of hurt out there. 🔴 

In today’s Litepaper, we’re looking at several altcoin charts and just how beaten down and ugly they look.

Also on deck: life insurance gets tokenized, the SEC’s top crypto cop resigns, and a plethora of GameFi news. 📰

Before we dive in, here’s today’s crypto market heatmap:

And here’s a look at crypto’s total and altcoin market cap YTD:

TECHNICAL ANALYSIS
If It’s Not Bitcoin Or Ethereum, It Looks Ugly 🤒 

$BTC’s and $ETH’s charts look strong. They look healthy… ish. But nearly every other crypto chart out there is ugly as hell. Let’s look at a few.

ADAUSD Daily Chart - Click to enlarge.

Cardano’s ($ADA) chart is so ugly if it was a Mortal Kombat character, Scorpion would yell, “STAY OVER THERE.” 🦂 

INJUSD Daily Chart - Click to enlarge.

Injective Protocol’s ($INJ) chart could walk into a haunted house and walk out with a paycheck. 👻 

APTUSD Daily Chart - Click to enlarge.

If Aptos’ daily chart tried to join an ugly contest, they’d say, “sorry, no professionals.” ⛔️ 

RUNEUSD Daily Chart - Click to enlarge.

$RUNE is so ugly, if it had a pet rock, it would run away. 🪨 

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