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Market Snapshot: Major Altcoin Pullbacks in Recent Hours
The past 4 hours saw notable weakness across several mid-cap tokens, worth tracking if you're monitoring portfolio movements.
Pieverse Token ($PIEVERSE) took the biggest hit, sliding to $0.4872 with a 9.93% loss. STEPN's GMT token followed suit, dropping 6.61% to $0.0204, catching some attention in the move-to-earn space. GUNZ ($GUN) dipped 5.79% to land at $0.0228, while Polkadot's ecosystem token Polymesh ($POLYX) retreated 3.27% to $0.0632. SPACE ID ($ID) also faced pressure, declining 4.07% to $0.079.
These kinds of short-term pullbacks aren't unusual in crypto markets—could be profit-taking, liquidations, or broader sentiment shifts. Whether they represent buying opportunities or signs to stay cautious depends on your trading strategy and thesis on these particular projects.