4ejlc1k(@4ejlc1k)'s insights

📊 CQ: over 40% of altcoins have reached their historic lows or dangerously approached them. This is even higher than during the previous bear market, when the peak was around 38%.Today, a total of over 47 million cryptocurrencies have been created, including 22 million on Solana alone, over 18 million on Base, and 4 million on BNB Smart Chain. Such a massive number of cryptocurrencies directly leads to dilution of liquidity, making altcoins increasingly vulnerable over time. This helps explain why we are currently seeing record low metrics.
$BTC 
BTCUSDT
Perp
66,641.2
+0.72%
$ETH 
ETHUSDT
Perp
2,028.97
+2.27%
$BNB 
BNBUSDT
Perp
610.53
+0.81%

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}📊 CQ: over 40% of altcoins have reached their historic lows or dangerously approached them. This is even higher than during the previous bear market, when the peak was around 38%.

📊 CQ: over 40% of altcoins have reached their historic lows or dangerously approached them. This is even higher than during the previous bear market, when the peak was around 38%.