Altcoins
3 Altcoins for sale towards the end of April
The crypto market continues to move sideways this week with periods of slight gains and minor corrections according to users. altcoins sell. After the Bitcoin halving, crypto traders sought to reposition their holdings for the next market wave.
This led to massive withdrawals from several assets, while some saw gains. Bitcoin price increased by 1.41% over the past 24 hours, while altcoins saw larger gains. However, some analysts point to imminent corrections due to macroeconomic factors. Here are three altcoins for sale towards the end of April.
Solana (SOL)
At press time, Solana is trading at $143, down 0.31% over the past 24 hours. Solana’s downtrend follows a broader sell-off in cryptoassets that saw altcoins lose steam. Solana’s weekly performance is now in the red zone after previous highs.
SOL remains an asset that is outperforming the market in terms of gains as seen last year, but current outflows in April are hampering bullish projections. This week, Solana exceeded losses of 9% in 24 hours before making a slight comeback. Although bulls are projecting highs this year, traders continue to short the altcoin this month.
Cardano (ADA)
The community-dubbed killer is one of the altcoins with shaky performance this month. Liquidations in the market saw its price drop to $0.46, bringing its market capitalization to $16.6 billion. ADA’s daily trading volume plunged more than 26% to $342 million.
Cardano has some positives after the halving, but recent liquidations have made it part of the altcoins for sale towards the end of April.
Toncoin (TON)
Toncoin leads the major weekly altcoin losses at 23.92% with its price at $5.38. The asset increased by 2.92% in the last 24 hours, but weekly releases show weakened sentiment towards the coin. Daily trading volumes also declined by 16%, to $204 million. Toncoin saw huge liquidations this month due to macroeconomic and industry factors, with users selling the altcoin this month.
Read also: 4 Most Profitable Meme Coins in Today’s Slow Market