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Guavy AI Editorial TeamSentiment: -2.5Clout: 60

38% of Altcoins Near All-Time Lows as Pepeto Raises $7.4 Million

The cryptocurrency market is facing a challenging period, with nearly 38% of altcoins trading near their all-time lows. This trend is more severe than the market saw after the FTX collapse, according to CryptoQuant analyst Darkfost.

Liquidity has shifted towards safer assets, making it difficult for investors to find strong opportunities in this environment. However, Pepeto stands out as a project with confirmed exchange infrastructure and a founding team that previously created the $7 billion PEPE token.