Top 3 Altcoins to Avoid This Season
The altcoin market is facing turmoil with major declines. Analyst Altcoin Buzz highlights that over 40 projects will release more than $750 million worth of tokens, likely leading to significant sell-offs. Here are three altcoins to avoid:
1. **Aptos (APT)**: On July 12th, 11.31 million APT tokens worth $77 million will be unlocked, potentially driving prices down further. The price has already dropped from $14 to below $6.
2. **Arbitrum (ARB)**: On July 16th, $75 million in tokens will be released, following previous releases in May and June. The price has fallen from $2.27 to $0.63 since March.
3. **AltLayer (ALT)**: On July 25th, 684 million ALT tokens worth $125 million will be unlocked. The price has been declining, and this unlock could worsen the situation.
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