The cryptocurrency market has been through a rollercoaster of volatility, and it is evident that holders of altcoins are feeling the pressure. Numerous tokens have been teetering close to or at the stage where most all holders are practically in the red. This scenario has left some investors miffed because it looks like many altcoins are on a path heading downward, with virtually no chance of a short-term recovery. But a deeper look into on-chain data might provide some much-needed optimistic clues about the still-potent fundamentals of these tokens, even the ones under pressure, which could well signal an appearance
The post Altcoin Market Struggles as $OP Faces Massive Losses, But On-Chain Data May Point to Potential Upside appeared first on The Merkle News.
