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The altcoin market is showing weakness as the broader index approaches critical lows. Most previous momentum leaders have turned red, painting a cautious picture across the sector. ASTER is down 8%, while PUMP fell 7%—two of the biggest movers to the downside. DASH and STRK followed suit with 1% declines each. The bright spot? XMR held its ground with a solid 5% gain, and ZEC managed a modest 2% uptick. Meanwhile, some smaller-cap tokens are catching attention with massive moves: SDEX surged 157%, ANON rallied 68%, and WOJAK jumped 67%. ASM added 38% while KLED gained 34%. The Altcoin Index sits at 15/100, signaling the broader weakness despite pockets of strength in speculative plays.
Wait, SDEX surged 157%? What kind of thing is this, I haven't heard of it.
It's those small coins jumping again, big coins are falling sharply, a typical leek-cutting rhythm.
XMR is still holding up, privacy coins are just a bit different.
Index 15/100, this is not weakness, this is death.
This 157% surge in SDEX is truly wild, but such small-cap coins' gains are not far from the crypto wealth dream. Do you play or not?
XMR is desperately rallying; privacy coins are still attractive right now.
What does the 15-minute index indicate? It means most people are still getting slaughtered, only the gamblers are celebrating.
Let's just wait and see where the bottom is. Anyway, I'll first shrink and then decide.