According to CryptoQuant analyst Darkfost, market conditions remain unfavorable, causing a significant downturn in altcoins. Sentiment has dropped remarkably, with altcoins like ADA and DOT showing considerable declines.
Investor interest in altcoins is waning, shown by low social media engagement and search activity. Altcoins are experiencing a ‘liquidity drain,’ leading to excessive sell-offs, further hampering market stability.
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