why / ygg

Why is Yield Guild Games down today?

−9.12% 24h
Short answer

Yield Guild Games (YGG) is down 9.1% in the last 24 hours, trading at $0.0226. That is 4.7% worse than the whole crypto market (−4.4%), so part of the move is specific to Yield Guild Games. Its sector, Gaming (GameFi), is −3.8% today.

· from live market data
YGG 24h−9.12%
Whole market 24h−4.44%
Bitcoin 24h−4.83%
Link to BTC (30d)0.68
Volume vs normal1.0×
Gaming (GameFi) sector−3.80%
signals

What is moving Yield Guild Games

Strongest signals first.

Doing worse than the market

The total crypto market is −4.4% in 24 hours. YGG is −9.1%, 4.7% worse than the market, so part of the move is specific to Yield Guild Games.

Why is the crypto market moving? →

The Gaming (GameFi) sector is down

Yield Guild Games is part of the Gaming (GameFi) sector, which is −3.8% today. YGG is moving with its sector.

Gaming (GameFi) sector →

Partly follows Bitcoin

Over the last 30 days, YGG's daily moves had a 0.68 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −4.8% today.

Bitcoin price →

Lowest price in 30 days

YGG at $0.0226 is below every daily close of the past month (previous low $0.0231). Breaking a recent low can trigger stop-loss selling.

Normal trading volume

Volume is close to its 30-day average (1.0×), so there is no rush of buyers or sellers today.

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 YGG positions right now, on the chart, in the Blockdeck app.

See VIP layers →
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Keep exploring Yield Guild Games

faq

Questions

Why is Yield Guild Games down today?

Yield Guild Games (YGG) is down 9.1% in the last 24 hours, trading at $0.0226. That is 4.7% worse than the whole crypto market (−4.4%), so part of the move is specific to Yield Guild Games. Its sector, Gaming (GameFi), is −3.8% today.

Will Yield Guild Games go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: YGG is −8.54% over 7 days and −14.83% 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, YGG'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.