#bitcoinhalving Here's a paraphrased version:

"Algorand (ALGO) leads among altcoins with over 91% of token holders experiencing losses, followed by Sandbox (SAND) and Arbitrum (ARB). Other coins like Axie Infinity (AXS), Chiliz (CHZ), and Cardano (ADA) also show significant investor losses. The broader cryptocurrency market is undergoing a downturn, with Bitcoin dropping nearly 5% below $60,000. Ethereum and other major tokens are also seeing declines, with Ethereum down 6.65% and BNB down 3% on the day. Despite some regulatory clarity for Binance, BNB has failed to recover. Overall, the market is cautious ahead of key economic data and the Federal Reserve's interest rate decision.$BTC #Memecoins #Metaverse