Nearly 40% of all altcoins are trading at their all-time low right now.
If you have held alts since 2024, we don't need to tell this to you. Pretty sure most of your portfolio is rekt.
$APT - 97% 🔻
$ALGO - 97% 🔻
$VET - 98% 🔻
$TIA - 99% 🔻
$NIGHT - 99% 🔻
$FIL - 100% 🔻
And these are some good solid projects that we have named above. If we go deeper into small cap altcoins, most of them are finished (even some we supported for long)
Roughly 94% of major tokens launched since 2024 now trade below their launch price, with a median return near -95%.
So why is this happening? It is not just "bear market." The structure changed.
➥ Too many tokens, not enough money.
The tracked token count blew past 47 million. Solana alone hosts 22M+, Base 18M+. The same speculative capital, spread across 5x the supply.
You can do the math.
➥ The unlock overhang.
Most of these launched low-float, high-FDV, with real supply locked to insiders and VCs. As vesting hits, it is relentless sell pressure into thin books. Around $275B in unlocks are still scheduled through 2030. That's more than the MC of $ETH .
➥ ETFs broke the rotation.
Institutional money enters through BTC (and a little ETH) and stays there. It does not trickle down. BTC dominance has been parked near 58%, and the old "BTC pumps, then alts follow" never happened. No altcoin supercycle in the previous cycle.
Let us be clear, there are some projects which can be thought of as cheap right now - $KAS , , $APT , $ICP , $INJ . I think they are massively undervalued and they are still building.
But there are some which will just go down even more. Do not get into dead projects right now thinking how far they are from their ATH.
Most assets that fall 90% keep falling. That's just the truth 🤷♂️
If you have held alts since 2024, we don't need to tell this to you. Pretty sure most of your portfolio is rekt.
$APT - 97% 🔻
$ALGO - 97% 🔻
$VET - 98% 🔻
$TIA - 99% 🔻
$NIGHT - 99% 🔻
$FIL - 100% 🔻
And these are some good solid projects that we have named above. If we go deeper into small cap altcoins, most of them are finished (even some we supported for long)
Roughly 94% of major tokens launched since 2024 now trade below their launch price, with a median return near -95%.
So why is this happening? It is not just "bear market." The structure changed.
➥ Too many tokens, not enough money.
The tracked token count blew past 47 million. Solana alone hosts 22M+, Base 18M+. The same speculative capital, spread across 5x the supply.
You can do the math.
➥ The unlock overhang.
Most of these launched low-float, high-FDV, with real supply locked to insiders and VCs. As vesting hits, it is relentless sell pressure into thin books. Around $275B in unlocks are still scheduled through 2030. That's more than the MC of $ETH .
➥ ETFs broke the rotation.
Institutional money enters through BTC (and a little ETH) and stays there. It does not trickle down. BTC dominance has been parked near 58%, and the old "BTC pumps, then alts follow" never happened. No altcoin supercycle in the previous cycle.
Let us be clear, there are some projects which can be thought of as cheap right now - $KAS , , $APT , $ICP , $INJ . I think they are massively undervalued and they are still building.
But there are some which will just go down even more. Do not get into dead projects right now thinking how far they are from their ATH.
Most assets that fall 90% keep falling. That's just the truth 🤷♂️