Memecoin Bloodbath vs Hidden Gems: Today’s Altcoin Reality Check

Feb 17, 2026: Altcoins took a hit as risk-off sentiment gripped markets. DOGE, PEPE & TRUMP dropped 3.5-4.5%, while broader altcoin sentiment stayed bearish. Total market cap hovered ~$2.36T with 75% losers. But not all red: MORPHO +23.5% weekly, ZEC +19% weekly, RAY +9.6% today. TRON rose 0.61% as the only major token green. Analysis: Memecoin mania exposed leverage risks; real utility coins quietly accumulate. Extreme Fear & Greed at lows often signals contrarian entries for patient holders. Focus on on-chain strength, not viral hype. Trade the dip wisely on Binance!