Analyst: 38% of altcoin prices are close to historical lows

金色财经2026/03/06 07:30

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Jinse Finance reported that, according to CryptoQuant analyst Darkfost, it is currently estimated that 38% of altcoin prices are near their historical lows, which is even worse than the market crash following FTX. He stated that the current market is "unfavorable" for risk assets, with the cryptocurrency market bearing the brunt of this risk-off sentiment, adding: "By comparison, this indicator reached 35% in April 2025 and 37.8% after the FTX crash. This chart perfectly illustrates the current state of altcoins. Investors remain cautious, and interest in altcoins continues to decline." According to data from Santiment, mentions of altcoins on social media platforms have dropped to their lowest point in two years. Based on Google Trends data, global Google searches for altcoins have also fallen to their lowest point of the year, at only 4/100.

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Incordex appointed Chen Wang to its board effective Sept. 29, 2026. Wang founded his own brand. He has served as founder and board chairman of Yunnan Jinshengchang Technology and Trade since Oct. 2024. He previously led global pharmaceutical education operations at Meixin E-commerce. He later ran education operations at Zhuyuan Grop. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Incordex Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-006080), on October 07, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/07 16:03