The Alts are doing very bad
Looking at the alternative coins, such as solana, toncoin, dogecoin and many more, has drop much more than BTC. Tron plummeted to a one-year low of under $0.1
The meme coin sector is also deep in the red, losing almost 30% of its total market capitalization. Some of the poorest performers include Dogecoin, Pepe, Floki Inu, Brett and many others.
Despite the sad performance, there are still some cryptocurrencies that are still doing a bit good in the last 24 hours. Dogwifhat, VeChain and a few risen by 3%
Basically Altcoins are not suitable for investment, but these Altcoins grow the most when the price of Bitcoin increases slightly. However, if the price of Bitcoin is a little lower, the dumping is the most that we can realize at the moment, which is why if you have to invest, you should definitely not do Bitcoin. Bitcoin is the best investment for both long term and short term.