🔻 Top 3 coins with the biggest drop in the last 24 hours on Binance
Below is the "free fall" list of the altcoin market today:
🔹 Price: $0.0855
🔻 Drop: -33.51%
➡️ After a strong upward phase, HIFI is experiencing heavy selling due to profit-taking sentiment. Lacking new supporting information, capital is fleeing.
🔹 Price: $0.0871
🔻 Drop: -33.15%
➡️ Low liquidity coin, high risk of price manipulation. There is not much data about the project – high risk.
🔹 Price: $0.0627
🔻 Drop: -25.80%
➡️ The asset management protocol is no longer attractive to investors. TVL has dropped sharply, selling pressure is dominating.
📉 Common reasons:
Risk-averse sentiment is causing strong capital outflow from altcoins.
BTC is stagnant → capital is temporarily "avoiding" small coins.
Investors are taking profits after short-term pumps.
⚠️ Remember:
Do not try to "catch the bottom" when there are no clear recovery signals. Carefully observe the support areas and volume before taking action.