CPI data came in at 2.4%, below the 2.5% expectation, triggering a risk repricing in crypto markets.
CRV, TON, RNDR, and IP flagged by analysts as coins to sell amid expected 15% volatility spike.
Despite a bullish macro backdrop, traders are rotating away from altcoins showing weak liquidity or limited use cases.
Today’s CPI data beat expectations with a reading of 2.4%, versus the forecasted 2.5%, prompting an immediate re-evaluation of risk assets. While lower inflation figures often suggest room for policy flexibility and rate cuts, the crypto market remains highly reactive. Analysts suggest the subtle deviation may not prevent near-term turbulence, especially among altcoins showing weak fundamentals or limited liquidity.
Despite this, the data offers a remarkable macro backdrop that could benefit top-tier assets, but weaker coins may still face downside pressure. Among the assets now being flagged are Curve DAO Token, Toncoin, Render, and Story Protocol—all previously seen as lucrative or innovative, yet currently facing technical and on-chain weaknesses.
Curve DAO Token (CRV): Facing Headwinds Despite Strong Governance Model
Curve DAO Token has been a significant player in the decentralized finance (DeFi) sector, largely due to its role in stablecoin liquidity pools and governance structure. However, recent market data shows CRV struggling to maintain support levels amid declining DeFi activity and liquidity fragmentation. Despite its outstanding governance design, CRV faces pressure as investors shift focus toward newer protocols with faster innovation cycles. Technical charts reveal weakening momentum and reduced volume, suggesting a cautious approach may be warranted until clear support is regained.
Toncoin, associated with the Telegram Open Network, attracted attention for its innovative blockchain scalability solutions and integration with a large user base. Yet, recent price action indicates increased selling pressure, partly driven by inconsistent trading volumes and unclear development updates. Although TON once held a superior position in user adoption prospects, its momentum has stalled, and market participants appear to be reallocating capital to altcoins with stronger near-term catalysts. Liquidity data points to a narrowing trading range, which may precede a breakout or further consolidation.
Render (RNDR): Decentralized GPU Power Loses Momentum
Render token revolutionized decentralized graphics rendering by connecting users needing GPU power with those who supply it. This groundbreaking use case earned RNDR significant attention in niche markets like gaming and media production. However, the latest market shifts and broader crypto volatility have impacted RNDR’s price performance. Trading volumes have declined, and its price remains below key resistance levels. Analysts observe that, while its utility remains remarkable, investor appetite has cooled, likely reflecting a rotation toward more mainstream or stable tokens.
Story Protocol (IP): Innovative Concept Struggles for Traction
Story Protocol aims to tokenize intellectual property rights, offering an innovative approach to content ownership and royalties. Despite the phenomenal potential in theory, the project’s network activity and adoption metrics reveal challenges in gaining traction. Price action shows lower highs and a lack of sustained buying pressure, indicating investor skepticism. Furthermore, fundamental catalysts to drive growth remain limited, and trading liquidity is thin. As a result, Story Protocol currently faces heightened risk amid market volatility and shifting investor priorities.
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4 Coins to Sell Fast As CPI Data Hits At 6 PM IST, Crypto Volatility Could Spike 15%
CPI data came in at 2.4%, below the 2.5% expectation, triggering a risk repricing in crypto markets.
CRV, TON, RNDR, and IP flagged by analysts as coins to sell amid expected 15% volatility spike.
Despite a bullish macro backdrop, traders are rotating away from altcoins showing weak liquidity or limited use cases.
Today’s CPI data beat expectations with a reading of 2.4%, versus the forecasted 2.5%, prompting an immediate re-evaluation of risk assets. While lower inflation figures often suggest room for policy flexibility and rate cuts, the crypto market remains highly reactive. Analysts suggest the subtle deviation may not prevent near-term turbulence, especially among altcoins showing weak fundamentals or limited liquidity.
Despite this, the data offers a remarkable macro backdrop that could benefit top-tier assets, but weaker coins may still face downside pressure. Among the assets now being flagged are Curve DAO Token, Toncoin, Render, and Story Protocol—all previously seen as lucrative or innovative, yet currently facing technical and on-chain weaknesses.
Curve DAO Token (CRV): Facing Headwinds Despite Strong Governance Model
Curve DAO Token has been a significant player in the decentralized finance (DeFi) sector, largely due to its role in stablecoin liquidity pools and governance structure. However, recent market data shows CRV struggling to maintain support levels amid declining DeFi activity and liquidity fragmentation. Despite its outstanding governance design, CRV faces pressure as investors shift focus toward newer protocols with faster innovation cycles. Technical charts reveal weakening momentum and reduced volume, suggesting a cautious approach may be warranted until clear support is regained.
Toncoin (TON): Scalability Promise Meets Market Skepticism
Toncoin, associated with the Telegram Open Network, attracted attention for its innovative blockchain scalability solutions and integration with a large user base. Yet, recent price action indicates increased selling pressure, partly driven by inconsistent trading volumes and unclear development updates. Although TON once held a superior position in user adoption prospects, its momentum has stalled, and market participants appear to be reallocating capital to altcoins with stronger near-term catalysts. Liquidity data points to a narrowing trading range, which may precede a breakout or further consolidation.
Render (RNDR): Decentralized GPU Power Loses Momentum
Render token revolutionized decentralized graphics rendering by connecting users needing GPU power with those who supply it. This groundbreaking use case earned RNDR significant attention in niche markets like gaming and media production. However, the latest market shifts and broader crypto volatility have impacted RNDR’s price performance. Trading volumes have declined, and its price remains below key resistance levels. Analysts observe that, while its utility remains remarkable, investor appetite has cooled, likely reflecting a rotation toward more mainstream or stable tokens.
Story Protocol (IP): Innovative Concept Struggles for Traction
Story Protocol aims to tokenize intellectual property rights, offering an innovative approach to content ownership and royalties. Despite the phenomenal potential in theory, the project’s network activity and adoption metrics reveal challenges in gaining traction. Price action shows lower highs and a lack of sustained buying pressure, indicating investor skepticism. Furthermore, fundamental catalysts to drive growth remain limited, and trading liquidity is thin. As a result, Story Protocol currently faces heightened risk amid market volatility and shifting investor priorities.