PANews reported on October 14th that according to data from 10x Research, of the $380 billion in market capitalization wiped out during this crypto market crash, approximately $131 billion came from altcoins. This crash has raised questions about the future of the altcoin ecosystem. Traders and market makers see the structural support for these tokens eroding, with buyers shrinking and risk aversion rising. The unprecedented speed and scale of this event may mark a decisive break from the frenzied era of 1,000% surges without reason. Morten Christensen, a trader who runs AirdropAlert.com, said: "The problem with altcoins is that they can indeed rise more, but they can also fall 50% in a day or 90% in a week. At the end of this cycle, when the possibility of an end is becoming increasingly likely, I will not bet my portfolio on this game." John Todaro, an analyst at Needham & Co., said: "These assets in particular have taken on huge risks, as we saw last weekend, but have generally underperformed large-cap crypto assets, stocks and gold. In short, the risk is significantly higher for less reward." Given the scale of the losses suffered by the day trading community, Wintermute CEO Evgeny Gaevoy was blunt: "The altcoin market will shrink."PANews reported on October 14th that according to data from 10x Research, of the $380 billion in market capitalization wiped out during this crypto market crash, approximately $131 billion came from altcoins. This crash has raised questions about the future of the altcoin ecosystem. Traders and market makers see the structural support for these tokens eroding, with buyers shrinking and risk aversion rising. The unprecedented speed and scale of this event may mark a decisive break from the frenzied era of 1,000% surges without reason. Morten Christensen, a trader who runs AirdropAlert.com, said: "The problem with altcoins is that they can indeed rise more, but they can also fall 50% in a day or 90% in a week. At the end of this cycle, when the possibility of an end is becoming increasingly likely, I will not bet my portfolio on this game." John Todaro, an analyst at Needham & Co., said: "These assets in particular have taken on huge risks, as we saw last weekend, but have generally underperformed large-cap crypto assets, stocks and gold. In short, the risk is significantly higher for less reward." Given the scale of the losses suffered by the day trading community, Wintermute CEO Evgeny Gaevoy was blunt: "The altcoin market will shrink."

Analysis: Cryptocurrency saw $380 billion wiped out in a single week, with about $131 billion coming from altcoins

2025/10/14 10:29
2 min read

PANews reported on October 14th that according to data from 10x Research, of the $380 billion in market capitalization wiped out during this crypto market crash, approximately $131 billion came from altcoins. This crash has raised questions about the future of the altcoin ecosystem. Traders and market makers see the structural support for these tokens eroding, with buyers shrinking and risk aversion rising. The unprecedented speed and scale of this event may mark a decisive break from the frenzied era of 1,000% surges without reason.

Morten Christensen, a trader who runs AirdropAlert.com, said: "The problem with altcoins is that they can indeed rise more, but they can also fall 50% in a day or 90% in a week. At the end of this cycle, when the possibility of an end is becoming increasingly likely, I will not bet my portfolio on this game." John Todaro, an analyst at Needham & Co., said: "These assets in particular have taken on huge risks, as we saw last weekend, but have generally underperformed large-cap crypto assets, stocks and gold. In short, the risk is significantly higher for less reward." Given the scale of the losses suffered by the day trading community, Wintermute CEO Evgeny Gaevoy was blunt: "The altcoin market will shrink."

Market Opportunity
FUTURECOIN Logo
FUTURECOIN Price(FUTURE)
$0.07202
$0.07202$0.07202
+4.27%
USD
FUTURECOIN (FUTURE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Australian regulators ease regulations on stablecoin intermediaries

Australian regulators ease regulations on stablecoin intermediaries

PANews reported on September 18th that, according to Decrypt, the Australian Securities and Investments Commission (ASIC) has granted a regulatory exemption to stablecoin intermediaries, allowing them to distribute cryptocurrencies issued by licensed Australian institutions without having to hold a separate financial services license. The exemption, published Thursday, states that intermediaries distributing stablecoins issued by Australian Financial Services (AFS) licensed issuers no longer need to apply for separate AFS, market, or clearing facility licenses. This measure, effective upon registration of federal legislation, is a significant step forward in addressing Australia's regulatory challenges in the stablecoin market. Blockchain APAC CEO Steve Vallas stated that this move is a temporary transition before broader reforms and is consistent with financial services law. The exemption does not change the determination of whether stablecoins are financial products, but simply "suspends the secondary licensing requirement for distributors of licensed issuers," allowing distribution through licensed channels while maintaining issuer liability and requiring intermediaries to provide product disclosure statements to ensure transparency.
Share
PANews2025/09/18 13:25
Tech Firm’s Bold Bitcoin Move Yields Growth But Undercuts Profitability

Tech Firm’s Bold Bitcoin Move Yields Growth But Undercuts Profitability

Tokyo’s Metaplanet, a leader in technological innovation, has shared its 2025 financial year outcomes, revealing impressive growth yet significant financial losses
Share
Coinstats2026/02/17 08:15
How to Choose an Air Purifier in the UK: A Comprehensive Guide

How to Choose an Air Purifier in the UK: A Comprehensive Guide

Air quality has become an increasingly important concern for UK households. With urban pollution, seasonal allergens, and indoor air contaminants affecting our daily lives, investing in a quality air purifier is no longer a luxury but a necessity for many families. This comprehensive guide will help you navigate the process of selecting the right air […] The post How to Choose an Air Purifier in the UK: A Comprehensive Guide appeared first on TechBullion.
Share
Techbullion2025/12/08 14:49