Altcoins News

Solana (SOL) is under strain from high inflation rates, which are exacerbated by the ongoing release of new tokens and the absence of a supply cap.

Dogwifhat (WIF), a meme coin on the Solana network, has plunged significantly in price, mirroring the broader market downturn.

Fantom’s (FTM) value has plummeted by 20% in the last day, now trading at $0.29, a low not seen since October 2023.

Ethereum (ETH) experienced a sharp decline of over 20% in the past day, triggering widespread panic among investors.

The cryptocurrency market has recently experienced a significant downturn, resulting in large losses for many investors.

Over the past 24 hours, over $1 billion worth of crypto futures were liquidated as the market decline intensified on Sunday and continued into Monday.

As asset prices in the crypto industry continue to plummet, Bitcoin has managed to fall below $60,000. Blockchain data testifies that Jump Crypto liquidated hundreds of millions of dollars in crypto assets.