Cryptocurrency prices remain under pressure, with most altcoins being in a deep bear market. Ethereum is stuck at the same level as it was last year, while the market cap of all Solana meme coins has crashed from $25 billion in January to $11 billion. So, let’s explore some of the top crypto to sell now before they crash further.
Top crypto to sell now
Some of the top crypto to sell now to avoid further losses are those with substantial technical and fundamental weaknesses. These tokens are Solana (SOL), The Sandbox (SAND), and Cardano (ADA).
Solana (SOL)
Solana price has performed well in the past few months, driven by its decentralized finance (DeFi) and its meme coin ecosystem. This growth, which has made Solana highly profitable, may become its undoing as concerns about rug pulls continue.
Most Solana meme coins, including Official Trump and Libra, have all crashed, hurting many traders and benefiting insiders. Therefore, there is a likelihood that the hype about Solana will die soon and hurt the network. Worse, Solana emits tokens worth over $10 million daily.
Solana price has crashed below the ascending trendline that connects the lowest swings since August last year. It also moved below the support at $170, the lowest swing in January and the neckline of the double-top pattern. Therefore, there is a risk that the token will crash to $110, the lowest point in August soon.
Cardano (ADA)
Cardano is another top crypto to sell now before it crashes further. ADA has already plunged by over 43% from its lowest point since 2024, suggesting more downside. It has potential for further downside as some of its major catalysts lack strength.
For example, while an ADA ETF could be positive, it remains unclear if it would lead to substantial inflows. Ethereum, being a more popular altcoin, has struggled to match Bitcoin’s scale in ETF inflows.
The integration with BitcoinOS, which was announced a few months ago, has yet to materialize. Also, Cardano has no major ecosystem, with its total value locked (TVL) being $300 million, much lower than other chains like Sui and Berachain.
Technicals suggest that Cardano price is in a strong downward trend, forming a series of lower highs and lower lows. That is a sign that the downtrend momentum may continue.
Sandbox (SAND)
The Sandbox price has crashed by over 66% from its highest point in 2024 and is now hovering at its lowest level since November last year. SAND price may have more downside to go now that the 50-day and 200-day moving averages are about to cross each other, forming a death cross pattern.
Such a cross would push it to the next key support at $0.2110, its lowest level in 2024, down by 40% from the current level.
Other altcoins to sell now
There are many other popular altcoins to sell now to cut your losses. Some of these tokens are Ronin, Decentraland, Worldcoin, and Ethena.
