Altcoins Bleeding Out: Solana and LUNC Crash by Double Digits (Market Watch)

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Solana and Terra Classic have lost the most from the larger cap alts, but several smaller ones are in the red too.

After bitcoin’s failure at $17,000 yesterday, the asset has retraced by a few hundred dollars and dipped toward $16,500 earlier today.

Ripple, Cardano, MATIC, Polkadot, Tron, Litecoin, and Shiba Inu have all retraced by up to 5% in a day. Dogecoin has seen a bigger price drop of 5.5%, and the first-ever memecoin is close to breaking below $0.07.

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