On-chain analyst Darkfost analyzed that 40% of altcoins are trading near their all-time lows, indicating that the majority of token projects are experiencing severe stagnation. He emphasized, "As the cryptocurrency bear market deepens and Bitcoin prices fall further, altcoin prices are also collapsing disastrously." He added, "When BTC temporarily gave up the $60,000 mark last month, the proportion of altcoins that fell to an all-time low increased to 45%. The main reason for this stagnation is a lack of liquidity. While thousands of new coins are appearing on the market every day, new funds to support them are not flowing in sufficiently. If no clear inflow of new liquidity is confirmed, most cryptocurrency projects are bound to fail."
