Top 5 Altcoins to Sell Before March Ends
The cryptocurrency market finally recovered after losing nearly a trillion in the earlier crash. However, not all crypto tokens are worth holding, and investors should focus on the best one to benefit from amid these changing market sentiments. As a result, investors must consider some poor performance and controversy-filled altcoins to sell before March ends.
Top 5 Altcoins to Sell Before March Ends
The unpredictability of the market isn’t new to investors. At the beginning of the year, Bitcoin’s price reached the ATH of $109.1k, but the same is struggling today at $84k. Its impacts on the rest of the crypto tokens are far more noticeable, with a few with weeks-long downtrends and others with sharp crashes.
This blog lists the top 5 altcoins to sell for these reasons, but investors must do their own research before jumping to conclusions.
1. Shiba Inu (SHIB)
Shiba Inu became popular during the 2021 bull run, riding the meme coins wave alongside Dogecoin. However, from the last four years, the trajectory has not been entirely bullish. It trades at $0.00001279 and is 85% away from its peak of $0.00008845, revealing its long-term downtrend.
In addition, this also shows that the investors’ interest is waning despite its earlier popularity, making it among the top cryptos to sell this month.
2. Hamster Coin (HMSTR)
HMSTR token is the native token of the telegram mini-game Hamster Kombat, but that popularity could not help it gain significant bullish momentum. Since its launch in 2024, this token has been continuously struggling, currently trading at $0.002141 with a nearly 80% decline from its prime.
The long-term bearish trajectory makes it among the altcoins that are suggested to sell.
3. Official Trump Coin (TRUMP)
U.S. President Donald Trump launched TRUMP as his official meme coin. It gained a big rally right after launch, but that was not sustained, and it currently trades at $12.03, 84% from its prime. More importantly, investors are concerned about insider trading.
On the other hand, the idea of a U.S. President launching a volatile asset is not acceptable to everyone. More importantly, as David Sacks has sold his crypto holding, pressure might build on Trump to abandon its project, making it risky and putting it on the list of altcoins to sell.
4. FTX Coin (FTT)
FTT has struggled to recover after the FTX exchange’s collapse. But things did not turn in its favor even with the FTX’s redistribution plan. Even years after the incident, the crypto community has not forgotten the event, and the exchange’s reputation is ruined.
As a result, it is at 100% loss from its top, currently trading at $0.00006299. With further token distribution, more volatility will likely hit this crypto, so investors must consider selling.
5. Hyperliquid (HYPE)
HYPE has been trending in the market due to its high demand. However, that all changed with the Ethereum whale liquidity incident, which left the platform with a $4M loss and exposed its vulnerabilities.
With more whales leveraging the platform, the selling pressure on the token is high. It currently trades at $14.65, with a 40% decline over the month amid the crypto market crash and its controversies.
Bottom Line
Bitcoin is the biggest crypto of the market, but the remaining digital assets (altcoins) also have high-reward potential. Experts believe a diversified portfolio is the best trading approach, but not all are worth holding, especially in the ongoing volatile market.
As a result, investors must consider Hamster Kombat, Shiba Inu, the Official Trump Coin, Terra Classic, Hyperliquid, and a few altcoins to sell before March ends. At the same time, they can consider Bitcoin, XRP, Solana, and a few other cryptos to buy.
The post Top 5 Altcoins to Sell Before March Ends appeared first on CoinGape.
