While some altcoins have experienced losses ranging from 20-30% during this downturn, the situation is notably worse for memecoins, with declines hitting 40-60%. The recovery potential for $DOGE, $PEPE, and $BONK is examined.
Currently, Solana ($SOL) struggles to keep the $180 range, while Ripple ($XRP) struggles to maintain a $2 price point in the recent period. Adding to the intrigue, Solana’s descent from $260 to $180 has seen it surpassed by $XRP in market capitalization, a development that has shocked the entire crypto community.
$WIF is down 34%, $OP is down 32%, $PEPE is down 28%, $SOL is down 20% in the last seven days, resulting in a very turbulent period and triggering questions about whether an altcoin season will even happen. As investors navigate this challenging landscape, it’s essential to examine the factors contributing to these declines and to identify any potential opportunities amidst the chaos.
Internet Computer ($ICP) and Altura ($ALU) have emerged as prominent contenders, each offering unique value propositions. However
