Data: Over 40% of altcoins are approaching historical lows, exceeding the proportion seen in the previous bear market.

ZkProver · 2026-03-31T13:31:47+00:00

CryptoQuant analyst Darkfost states that over 40% of altcoins are approaching historical lows. Due to geopolitical tensions and an excess of cryptocurrencies, liquidity dilution has made altcoins more vulnerable.

ZkProver

2026-03-31 13:31:47

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ChainCatcher message: CryptoQuant analyst Darkfost says that more than 40% of altcoins’ current trading prices have already hit or are approaching historical lows, a figure that is higher than the peak of about 38% during the prior bear market. The crypto market continues to be pressured by escalating geopolitical tensions, and altcoins are hit particularly hard.

Darkfost also said that the sheer number of cryptocurrencies directly leads to liquidity dilution, making altcoins increasingly fragile. Data shows that there are currently about 47 million cryptocurrencies issued worldwide, with 22 million already on the Solana platform, more than 18 million on the Base platform, and 4 million on BNB Chain.

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