ETH was recently changing hands at $1,857, off 1.2% from Sunday. Ether has been narrowly range-bound over the past seven days between $1,840 and $1,890. SOL and MATIC, the token of the smart contracts Solana and Polygon platforms, were recently off 4.5% and 4.2%, respectively, over the past 24 hours. Popular memecoin DOGE off 3.7%, respectively. The broader CoinDesk Market Index (CMI) recently moved 0.9% lower for the day.
This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs
Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends...