The altcoin market is experiencing one of the deepest lag phases in its history. My latest research shows that nearly 40% of all altcoins are currently trading in close proximity to their all-time lows. At the end of June, this figure spiked to 45%, signaling extreme pessimism among token holders.

A particularly dramatic situation has developed around the TAC token, which literally lost 89.14% of its value within hours, crashing to $0.00435. The daily trading volume reached $83.55 million, while the market capitalization shrank to a meager $20.37 million. This is not just a correction—it is a complete collapse.

Why survival has become a luxury

The fundamental reason for this state of affairs lies in a monstrous imbalance between supply and demand. According to my calculations, the number of created cryptocurrencies has already exceeded 53.5 million, with about 60,000 new tokens being dumped onto the market daily. In the absence of adequate liquidity inflow, most of these projects are doomed to fail from the very start.

When Bitcoin dropped below $60,000 at the end of June, the share of altcoins at all-time lows soared to 45%. Now, with BTC priced around $63,300, the figure stands at 39.9%. It is important to understand: this is not a temporary phenomenon, but a new market reality driven by its total oversaturation.

Top-500: Who lost the most

In addition to TAC, the list of the largest daily losses includes:

  • LAB — a crash of 75.94% to $3.45 (market cap $1.08 billion);
  • Grass — a decline of 35% to $0.3499;
  • SkyAI — a drop of 30.84%;
  • Tria — a loss of 28.87%.

Rounding out the anti-ranking are ETHGas (-27.32%), Cream (-22.38%), and TROLL (-22.16%). Notably, the sell-off affected assets of very different market capitalizations—from tens of millions to a billion dollars.

My conclusion as an analyst: we are witnessing not just a cyclical correction, but a structural shift. The market no longer forgives mistakes. Selectivity in choosing projects has turned from a competitive advantage into a mandatory condition for survival. Investors who fail to learn how to filter out 99% of the garbage will face tough times.