In the current economic climate, the crypto market is facing bearish pressure due to President Trump’s tariff policy and concerns raised by Federal Reserve Chair Jerome Powell about rising inflation. As a result, investors are looking for the best altcoins to sell in order to minimize risks and avoid potential losses.
One of the top altcoins to sell is Mantra (OM), which has recently experienced a significant crash, dropping 92% from its all-time high recorded just two months ago. The technical analysis shows a bearish momentum with the RSI remaining historically low at 27 and the ADX line rising, indicating a strengthening downtrend.
Another altcoin to consider selling is Pi Network (PI) due to upcoming token unlocks. On-chain data suggests that over 10 million PI Coin tokens will be added to the circulating supply in the next month, leading to more sellers than buyers and a bearish effect on the price. TRUMP (TRUMP) is also on the sell list as funding rates have been negative in the last month, indicating bearish momentum.
The Federal Reserve Chair’s warning about inflation and tariffs has raised concerns in the crypto industry about a possible downtrend. If the market begins to drop, the top altcoins to sell are Mantra (OM), Pi Network (PI), and TRUMP. Investors may start selling risk assets like altcoins to avoid losses as inflation rises due to the ongoing tariff war.
Despite the concerns, data from CME FedWatchTool indicates that 87% of investors believe interest rates will remain the same after the FOMC meeting next month. This could result in increased volatility in the crypto market, emphasizing the importance of choosing the right altcoins to sell to protect investments.
In conclusion, investors should closely monitor the developments in the global economy and the cryptocurrency market. Selling altcoins like Mantra (OM), Pi Network (PI), and TRUMP could be a strategic move to avoid losses in the face of bearish pressures. By staying informed and making sound decisions, traders can navigate the uncertainties of the market with confidence and minimize risks.
