Top Altcoins To Sell Amid Short-Term Market Correction

The cryptocurrency market is experiencing a short-term decline as investors seek to sell altcoins amid recent volatility. On-chain data indicates a sharp drop in crypto prices over the past 24 hours, eroding previous weekly gains. Bitcoin (BTC) has fallen below $63,000, while other top altcoins have also posted declines, some reaching double-digit losses.

This loss of momentum in altcoins follows a shift in macroeconomic factors, with analysts predicting a short-term correction before a rebound. Here are three altcoins that investors may consider selling during this market correction:

Solana (SOL)

Solana remains a popular altcoin, currently priced at $143. However, it has experienced a 1.93% decline in the past 24 hours and 17% this month. Weekly flows for Solana remain positive, but the recent fall in price places it among altcoins that may be sold.

Additionally, trading volumes for SOL have decreased by 12.26%, indicating weaker on-chain factors. Solana memecoins have also lost momentum in the past 24 hours.

Polkadot (DOT)