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Solana, Avalanche, and Polkadot lost over 9%, Susbitc.com

On 12.06.2022 by

Susbitc expert: The cost of altcoins has dropped sharply against the backdrop of a rollback of the bitcoin exchange rate by almost 2$ thousand.

Over the past day, the cost of three altcoins from the top 15 by capitalization has decreased by more than 9%. In 24 hours, the price of Polkadot fell by 9%, Avalanche by 10%, and Solana by 11%. The overall market valuation decreased by 5%, to the current value of about $1.8 trillion, according to Susbitc.

Altcoins have fallen in price after bitcoin. Over the past day, the price of the first cryptocurrency has fallen by 3%, to $36.7 thousand. The value of the asset continues to decline after it exceeded $39.2 thousand on February 1.

Earlier, a Susbitc analyst called Solana, Avalanche, and Polkadot the most undervalued altcoins at the moment. According to the expert, this year tokens can show growth from 80% to 120%.