
Altcoin Holders in the Red, But Strong Fundamentals Hint at Undervaluation
The crypto market is bleeding, and altcoin holders are feeling the pain. Recent data from IntoTheBlock shows that most of the people who invested in tokens such as Toncoin (TON), Aerodrome Finance (AERO), and Optimism (OP) are deep in the red, with some losses nearing 100%. However, the grim numbers notwithstanding, on-chain data suggests that…