This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs.
The continuous unlocking of tokens, sales by venture funds, and lack of capital inflow have led to significant declines in altcoin prices. SOL, AVAX, APT, and SUI have lost 40-70% in recent months, while BTC and ETH have only decreased by 15% from their annual highs.
The lack of capital particularly harms tokens with large upcoming unlocks, noted David Shuttleworth from Anagram. The cryptocurrency market is consolidating, but holders of smaller cryptocurrencies are suffering heavy losses: SOL and AVAX have fallen by 40-50%, and SUI and APT by 60-70%.
