#PEPE #TON

While Bitcoin and Ethereum are going through a consolidation process, many altcoins are going through a difficult period.

Bitcoin and Ethereum prices are down approximately 15% from their peak levels this year. In altcoins such as Solana (SOL), Avalanche (AVAX), this rate increases to 40-50%; In Sui (SUI) and Aptos (APT), it increases to 60-70%.

Selling pressure does not end

Due to reasons such as unlocking and token distribution, there is a dilution effect on the supply of many altcoins. These tokens are available to early investors, ecosystem stakeholders, etc. It is opened for distribution.