The cryptocurrency market as a whole has been experiencing a downturn, with a 2% decrease in global crypto market cap in the past 24 hours. However, certain altcoins have made headlines due to recent developments.

Berachain launched its proof-of-liquidity blockchain and conducted a token airdrop, distributing coins worth $1.17 billion to its community. Despite this, there was a surge in selling pressure, causing BERA's price to drop by 17%. If selling continues, BERA's price could plummet further.

ONDO, an RWA-based asset, gained attention after Ondo Finance announced its layer-1 blockchain for tokenized real-world assets. However, ONDO's performance has remained lackluster, with a 0.1% decrease in value. If demand weakens further, ONDO's price could decline.

NOT has experienced a 40% drop in value over the past week and is currently at a nine-month low. The Elder-Ray Index confirms poor demand for NOT, indicating selling pressure. If the decline continues, NOT's price could revisit its recent low.

Overall, these altcoins are facing challenges in the current market, but there is a possibility of a price increase if market trends shift towards accumulation.



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