4 Altcoin to Dump in March Before the U.S. Crypto Summit Shakes the Market!

Jakarta, Pintu News – Although many altcoins have rallied ahead of the Crypto Summit on March 7, some of them still show market weakness.

The recovery of the crypto market after weeks of correction has not completely removed the bearish pressure, so most assets are still near key support levels.

Coupled with massive liquidation in the crypto market and fears of a prolonged downtrend, analysts warn of 4 altcoins that should be sold before prices plummet further.

Toncoin (TON) – Trapped in Bearish Pressure

Toncoin (TON) struggled to break through strong resistance amid weak market conditions, despite recording a daily gain of 1.53% to $3.00.

Read also: 4 Altcoin Likely to Be Added to the U.S. Crypto Strategic Reserve!

However, in the past week, TON has plunged 15%, signaling that bearish sentiment is still dominant.

TON’s market capitalization also saw a significant drop, making it slip from 11th to 21st place on the list of the largest crypto assets.

With fears of further downside ahead of Trump’s Crypto Summit, many traders are considering offloading TON before the price drops deeper.

UNUS SED LEO (LEO) – New Listing, But Under Pressure

BitMart has confirmed the listing for UNUS SED LEO (LEO), which will launch on March 5 at 20:00 ET, with trading in the LEO/USDT pair opening immediately. LEO itself is a utility token for Bitfinex, the crypto exchange managed by iFinex.

LEO has a unique token burn mechanism, where iFinex buys back LEO every month, aiming to reduce supply over time.

However, while this strategy may help preserve the value of the token, LEO is currently trading at $9.80, down 0.36% in the last 24 hours (6/3/25), signaling that there is still selling pressure in the market.

Solana (SOL) – High Volatility, Risk of Liquidation

Solana (SOL) has been trading with high volatility, making it one of the altcoins at risk of being sold before Trump’s Crypto Summit. Since peaking at $294, SOL’s price has freefalled 52.08%, now holding below $150.

Read also: WisdomTree Predicts XRP and Solana Will Dominate the 2025 Altcoin Season!

One analyst noted that although SOL managed to hold support at $125, the price is still pressured by the major resistance of the downtrend. This pattern of movement indicates the potential for major liquidations, especially if uncertainty in the market increases further.

Celestia (TIA) Distressed

On March 6, 2025, Celestia (TIA) was briefly trading at $3.30, recording a 15% drop in the past week.

The token has continued to trend downwards in recent months, with its value now well below its all-time high (ATH) of $20.91 reached in February 2024.

This sharp decline places TIA among crypto assets with high selling pressure. Ahead of the Crypto Summit on March 7, analysts identified Celestia as one of the altcoins that should be offloaded, given the risk of potential long-term losses amid a weakening market.

Read also: Is Pi Network (PI) Poised for a $10 Breakout? Analysts Unveil a Major Opportunity!

Overall, with market conditions still uncertain, traders are advised to evaluate risks and monitor price movements closely. Selling weak assets before incurring further losses could be a strategic move.

Recognizing risky altcoins before big events like Trump’s Crypto Summit can help mitigate potential long-term risks amid market volatility.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinagpe. 4 Altcoins to Sell Ahead of Trump’s Crypto Summit on March 7 to Avoid Long Term Losses. Accessed on March 7, 2025