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Which coin is suffering the most in the ongoing bearish run??
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[QUOTE="Shaf, post: 290511, member: 25467"] Altcoins are the receiving end of the worst effects of any bear market, and it's worse if the project is not well developed or has a team that slacks. While Bitcoin is down only about 75% from it's all time high, some altcoins are down more than 90%. This is because most people simply trade crypto to increase their Satoshis, and a bear market like this makes them to convert all altcoins they hold to Bitcoin to preserve their capital. This bear market, we have seen a number of major projects collapse completely like Luna, Celcius and FTX. These projects have a lot of connection to smaller projects which can cause them to become bankrupt. The worst so far is that of FTX and it's sister company, Alameda research. Crypto gurus would advise always to avoid most altcoins in a bear market, as most of them will go to zero, or never go back to the point you bought them ever. [/QUOTE]
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Which coin is suffering the most in the ongoing bearish run??
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