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

MeNews · 2026-04-02T12:31:59+00:00

ME News Report, March 31 (UTC+8), CryptoQuant analyst Darkfost states that over 40% of altcoins are currently trading at or near their all-time lows, a figure that exceeds the peak of approximately 38% during the previous bear market. The cryptocurrency market continues to be affected by escalating geopolitical tensions, with altcoins bearing the brunt of the impact. Darkfost also mentioned that the large number of cryptocurrencies directly leads to liquidity dilution, making altcoins increasingly fragile. Data shows that approximately 47 million cryptocurrencies have been issued worldwide, with 22 million on the Solana platform, over 18 million on the Base platform, and 4 million on BNB Chain.

MeNews

2026-04-02 12:31:59

ME News update, March 31 (UTC+8): CryptoQuant analyst Darkfost said that more than 40% of altcoins currently trading have reached or are close to their historical lows; this figure is higher than the roughly 38% peak during the previous bear market period. The cryptocurrency market has continued to be affected by an escalation of geopolitical tensions, with altcoins hit particularly hard. Darkfost also said that the sheer volume of cryptocurrencies directly leads to liquidity dilution, making altcoins increasingly fragile. Data shows that there are currently about 47 million cryptocurrencies issued globally; of those, Solana has 22 million, the Base platform has more than 18 million, and BNB Chain also has 4 million. (Source: ChainCatcher)

SOL-2,53%

BNB-4,5%

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