why / wings

Why is Wingbits down today?

−2.87% 24h
Short answer

Wingbits (WINGS) is down 2.9% in the last 24 hours, trading at $0.00253. The whole crypto market is −3.8%, so this is mostly a market-wide move. Its sector, DePIN, is −6.4% today.

· from live market data
WINGS 24h−2.87%
Whole market 24h−3.81%
Bitcoin 24h−4.20%
Link to BTC (30d)0.01
Volume vs normal—
DePIN sector−6.37%
signals

What is moving Wingbits

Strongest signals first.

Moving with the whole market

The total crypto market is −3.8% in 24 hours. WINGS is −2.9%, about the same, so this looks like a market-wide move rather than something specific to Wingbits.

Why is the crypto market moving? →

The DePIN sector is down

Wingbits is part of the DePIN sector, which is −6.4% today. WINGS is moving with its sector.

DePIN sector →

Moving on its own, not with Bitcoin

Over the last 30 days, WINGS's daily moves had a 0.01 correlation with Bitcoin (1 means identical direction). That is low: WINGS has mostly moved on its own lately, while Bitcoin is −4.2% today.

Bitcoin price →

Weak month

WINGS is −25% this week and −24% over 30 days, so today's move continues the monthly trend.

Market mood: Fear (30)

The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.

Fear & Greed Index →
VIP

Liquidations, funding and open interest

See whether leveraged traders are being forced out of WINGS positions right now, on the chart, in the Blockdeck app.

See VIP layers →
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Keep exploring Wingbits

faq

Questions

Why is Wingbits down today?

Wingbits (WINGS) is down 2.9% in the last 24 hours, trading at $0.00253. The whole crypto market is −3.8%, so this is mostly a market-wide move. Its sector, DePIN, is −6.4% today.

Will Wingbits go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: WINGS is −24.71% over 7 days and −24.45% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.

How is this explanation made?

From measured market data, refreshed every few minutes: the whole market's move, WINGS's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.

Explanations are built from market data and are not financial advice.