Currently, the altcoin market is more suitable for short-term swing trading than long-term holding. The price fluctuations of Ethereum often lead to the simultaneous rise and fall of altcoins. Therefore, in addition to medium and long-term investment positions, it is recommended to mainly adopt a swing trading strategy.

Recently, with the overall market decline, the prices of many altcoins have also fallen, especially those new contract projects recently listed on Binance, such as VOXEL and RARE, whose declines have reached approximately 20%.

At the same time, the performance of TON ecological projects is not optimistic, and tokens such as NOT, TON, and REDO have all experienced significant corrections. However, it is rumored that the founder of Telegram may be released soon. This news may bring benefits to the TON ecosystem and trigger a new round of market interest in related currencies.