4 Altcoins to Sell Ahead of Trump’s Crypto Summit on March 7 to Avoid Long Term Losses
The post 4 Altcoins to Sell Ahead of Trump’s Crypto Summit on March 7 to Avoid Long Term Losses appeared on BitcoinEthereumNews.com.
As of March 7, the crypto market is in recovery following weeks of corrections. However, bearish momentum remains strong, keeping most cryptocurrencies near their support levels. The broader market saw significant liquidations as uncertainty persisted. With fears of prolonged declines, analysts warn of potential risks, making it crucial to identify an altcoin to sell before further downturns. 4 Altcoins to Sell Ahead of Trump’s March 7 Crypto Event Two days to Donald Trump’s first Crypto Summit on March 7 2025, industry leaders, CEOs, and government officials prepare for key discussions. Market analysts anticipate volatility, with potential price drops for certain altcoins, if regulatory policies or economic outlooks appear unfavorable during the event. Let’s uncover these four altcoins to offload, including TON, SOL, LEO, and TIA. Toncoin (TON) Toncoin (TON) struggles as market conditions weaken, facing strong resistance and limited support. The price hovers at $3.00, marking a 1.53% daily increase. However, a 15% weekly decline signals a bearish sentiment. TON’s market cap has dropped significantly, slipping from the 11th to the 21st position. Traders consider it an altcoin to offload ahead of Trump’s Crypto Summit on March 7, fearing further declines. Source: TradingView LEO BitMart has confirmed the listing of UNUS SED LEO (LEO), set to launch at 20:00 (ET) on March 5. The exchange will open trading for the LEO/USDT pair. LEO serves as the utility token for Bitfinex, the cryptocurrency exchange managed by iFinex. A unique token burn mechanism ensures that iFinex repurchases LEO monthly. This strategy aims to reduce supply over time. At present, LEO is priced at $9.80, reflecting a 0.36% decline in the past 24 hours. Solana (SOL) Solana (SOL) price has been trading with strong volatility, making it an altcoin to sell ahead of Trump’s crypto summit on March 7. The price has dropped…
Filed under: News - @ March 6, 2025 4:20 am