The Performance of Altcoins Listed on Binance This Year was Frightening: There Are 80 Percent Drops!

The price performance of altcoins listed on Binance this year attracted attention.

According to the data provided by the cryptocurrency research company HC - Capital, serious declines were observed in the altcoin projects listed on Binance in 2024.

Analysts stated that these projects experienced declines of up to 90% from their all-time high (ATH), and also included how the process was progressing.

While it was stated that the listed altcoins performed better by attracting investor attention in the first days, it was noted that in the same period, the price movements were more serious as the supply was more limited.

However, it was emphasized that in the following period, after the overvaluation, major corrections were observed and this negatively affected many investors.

There are altcoins that fell more than 80%

In the table presented by analysts, it was stated that AEVO, PORTAL, STRK, SAGA and DYM lost more than 80% of their value from the ATH price.

However, it was noted that projects such as AXL, MANTA, OMNI, PYTH, PIXEL, TNSR, ALT, which were listed this year, showed a decrease of more than 70%.

AI, BOME, WIF, XAI, JUP, METIS, REZ and ETFI were among the projects that experienced a serious correction, falling more than 60% from their peaks.