Data: Only 12 of the top 100 tokens by market cap achieved positive returns in the past 90 days

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MarsBit
03-09
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According to Mars Finance news, on March 9, crypto analyst Miles Deutscher revealed data showing that only 12 out of the top 100 cryptocurrencies by market cap have achieved positive returns in the past 90 days. Among them, BERA surged 579.63%, TRUMP rose 85.61%, and BGB increased 72.68%. Other well-performing tokens include DEXE, IP, GT, and OM.

At the same time, LINK saw the largest decline of 40%, SUI dropped 39.48%, JTO fell 38.83%, Bitcoin (BTC) decreased 13.47%, BNB dropped 19.25%, and ADA declined 30.71%.

Miles Deutscher pointed out that in the current market environment, it has become difficult to pick winners, unlike the previous bull market cycle, where holders are being punished, and this cycle has become a "rotation market".

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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