Market Alert:######## Altcoin Exodus Intensifies!###############
The bear market has entered its second phase, characterized by a severe altcoin exodus. Funds for bottom-fishing are dwindling, and resources are almost depleted. Expect a continued downward or stagnant trend, contradicting optimistic predictions of a bull run.Daily declines and unsustainable price spikes have become the norm. The market is flooded with high-value, low-circulation VC coins, putting pressure on buyers to absorb billions worth of tokens.
It's surprising to see buyers' confidence despite insiders selling their holdings.
New developments:
- ETH price drops to $2,887.16, a 10.78% decline
- BTC price falls to $54,273.36, an 8.01% drop
- LINK price plunges to $11.530, a 13.63% decline.....
Stay vigilant and informed to navigate this challenging market landscape!
#SOFR_Spike #US_Job_Market_Slowdown #VanEck_SOL_ETFS #Megadrop #Write2Earn!