Darkfost2026-03-30

More than 40% of Altcoins near All-Time Lows

The crypto market continues to suffer from the escalation of geopolitical tensions and the volatility this creates across financial markets. It is mainly altcoins that are suffering the most. They have never been under such pressure during this cycle. Today, more than 40% of altcoins have reached their all-time low, or are getting dangerously close to it. This is even higher than during the previous bear market, which peaked at ~38%. Admittedly, the broader macro environment is not very favorable for risk assets, such as altcoins. But that is not the only reason. Today, there are approximately more than 47 million cryptocurrencies created in total, including 22M on Solana alone, over 18M on Base ans 4M on BNB Smart Chain. Such a massive number of cryptocurrencies directly leads to liquidity dilution, making altcoins increasingly fragile over time. This helps explain why we are currently seeing record levels of underperformance. However, when such extreme underperformance appears, it can also create very attractive opportunities for those able to carefully select the most promising and resilient projects.