Here Is How the Top Five L2 Tokens Are Reacting to the Market Drop

A crypto market pullback has seen a wipeout of billions of dollars from both the spot and the leveraged markets. The whole market dropped from over $2.4T to slightly above $2T within days in tandem with the US stock market that lost trillions of dollars within days.

“This debacle is obviously macro driven, rather than crypto specific. And it is becoming …