Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: Why your alt didn't dump as much
by
seleme
on 19/06/2022, 21:29:22 UTC
⭐ Merited by JeromeTash (1)
I really want to know which alt you mean because I believe most altcoins will follow the bitcoin price trend so far. IMO, the current average of the top altcoins have fallen by more than 80% since their last ATH, I can expand the list here for comparison.
You got it right, bro. I really wonder what altcoins OP was looking at that really didn't "dump"  except for stablecoins or coins that are pegged to things like Gold. Hell! Even all "stablecoins" are more than -10% from their "all-time high"  Grin


Probably OP wanna explain the liquidity issues during fast markets, the lack of liquidity can lead to bloodbath in few hours while it is much harder for top coins with strong trading volume.
Regarding stable coins, TRX based $ pegged stable coin USDD is trading around $0.94 due to market circumstances. Let's see what is next for crypto market, waiting for second correction then straight downhill on top crypto index.