{"id":48568,"date":"2026-06-30T06:14:50","date_gmt":"2026-06-30T06:14:50","guid":{"rendered":"https:\/\/cryptd.in\/crypto-apocalypse-84-of-altcoins-in-a-state-of-total-underperformance\/"},"modified":"2026-06-30T06:14:50","modified_gmt":"2026-06-30T06:14:50","slug":"crypto-apocalypse-84-of-altcoins-in-a-state-of-total-underperformance","status":"publish","type":"post","link":"https:\/\/cryptd.in\/pl\/crypto-apocalypse-84-of-altcoins-in-a-state-of-total-underperformance\/","title":{"rendered":"Crypto Apocalypse: 84% of Altcoins in a State of \u2018Total Underperformance\u2019"},"content":{"rendered":"<p>Altcoins are arguably the segment that has suffered the most throughout this bear market, said CryptoQuant analyst \u2018Darkfost\u2019 on Tuesday.<\/p>\n<p>84% of altcoins are trading below their 200-day moving average and are in a \u201cstate of total underperformance,\u201d he added.<\/p>\n<p>\u201cEvery attempt at a momentum recovery has failed outright,\u201d he said, adding that the altcoin market capitalization (excluding ETH) continues to slide, with a weekly close below the 200 DMA now confirmed.<\/p>\n<h2>Altcoin Apocalypse<\/h2>\n<p>This is not new, as altcoins have been battered for the past eight months and have the second-longest underperformance streak since 2020.<\/p>\n<p>The analyst described it as a \u201cprolonged period of stagnation across the majority of altcoins, one that is pushing investors to their limits.\u201d<\/p>\n<p>He ended on a bullish note, stating that such periods have \u201chistorically also presented medium-term opportunities,\u201d but identifying them \u201cdemands significantly more rigorous asset selection\u201d than in previous cycles.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f534.png\" alt=\"\ud83d\udd34\" class=\"wp-smiley\" \/> 84% of Altcoins are trading below their 200-DMA<\/p>\n<p>Altcoins are arguably the segment that has suffered most throughout this bear market.<\/p>\n<p>Every attempt at a momentum recovery has failed outright, and the Total 3, which tracks altcoin market capitalization excluding ETH,\u2026 <a href=\"https:\/\/t.co\/Umz8ONIZQu\">pic.twitter.com\/Umz8ONIZQu<\/a><\/p>\n<p>\u2014 Darkfost (@Darkfost_Coc) <a href=\"https:\/\/x.com\/Darkfost_Coc\/status\/2071704809351082153?ref_src=twsrc%5Etfw\">June 29, 2026<\/a><\/p>\n<\/blockquote>\n<p>The broader crypto market is down around 51% from its peak in terms of capitalization, which is currently $2.15 trillion.<\/p>\n<p>However, high-cap altcoins such as BNB, XRP, and Solana are down between 60% and 75% from their peaks. The majority of the lower-cap altcoins are down between 80% and 90% from their all-time highs.<\/p>\n<p>Nevertheless, the top three altcoin season indexes show between 48 and 51 out of 100, which is neutral.<\/p>\n<p>Permabull analyst \u2018Sykodelic\u2019 was bullish as usual, <a href=\"https:\/\/x.com\/Sykodelic_\/status\/2071594199653200347\">stating<\/a>, \u201cthings are shaping up very well for altcoins.\u201d<\/p>\n<p>\u201cI know that is very hard to believe after the soul-destroying performance of alts over the last few years, but things really are looking very constructive here,\u201d he said on Monday.<\/p>\n<p>This was backed up by technical analysts showing that, for the first time in over two years, the 1-week MACD has entered positive territory, \u201cwith the chart forming a strong bottom position,\u201d mirroring the 2020 cycle bottom.<\/p>\n<h2>Crypto Market Outlook<\/h2>\n<p>A few altcoins have made marginal gains today, including Solana, Hyperliquid, and Zcash, but most remain at bear-market <a href=\"https:\/\/cryptopotato.com\/bitcoin-cycle-timing-could-the-next-btc-bottom-arrive-in-october-2026\/\">bottoms<\/a>.<\/p>\n<p>Bitcoin reclaimed $60,000, but it didn\u2019t last, falling back below that psychological level during the Tuesday morning Asian trading session.<\/p>\n<p>Meanwhile, Ether reclaimed $1,600 after Bitmine\u2019s latest <a href=\"https:\/\/cryptopotato.com\/bitmine-buys-another-27000-eth-despite-market-slump-nears-5-of-ethereum-supply\/\">purchase<\/a>, but it only lasted a few hours, with the asset falling back to $1,590 at the time of writing.<\/p>\n<p>Stanowisko <a href=\"https:\/\/cryptopotato.com\/crypto-apocalypse-84-of-altcoins-in-a-state-of-total-underperformance\/\">Crypto Apocalypse: 84% of Altcoins in a State of \u2018Total Underperformance\u2019<\/a> pojawi\u0142a si\u0119 najpierw na <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Altcoins are arguably the segment that has suffered the most throughout this bear market, said CryptoQuant analyst \u2018Darkfost\u2019 on Tuesday. 84% of altcoins are trading below their 200-day moving average and are in a \u201cstate of total underperformance,\u201d he added. \u201cEvery attempt at a momentum recovery has failed outright,\u201d he said, adding that the altcoin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48570,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-48568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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