Layer 2 Tokens Plunge Amid Market Sell-Off – $MOVE, $OP, and $STRK Bearly Hold

Layer 2 tokens are experiencing a sharp downturn as the broader crypto market suffers a sell-off. A trio of prominent projects, $MOVE, $OP, and $STRK, stand out among those significantly impacted. This decline comes amidst heightened uncertainty in the scaling sector and wider digital asset markets. While innovative in nature, these Layer 2 tokens are facing increased selling pressure due to market sentiment shifts. Traders and analysts closely watch for signs of recovery as each project represents a distinct segment within the evolving Layer 2 ecosystem.