📉 Dump These Altcoins NOW! 😱

Ah, the crypto market, that fickle mistress, flirts with green today, April 21st, with Bitcoin, that digital behemoth, scaling a three-week high above $87,000, dragging its altcoin brethren along for the ride. But alas, even amidst such gains, the specter of macroeconomic anxieties looms large, like a stern landowner eyeing his serfs. The US tariffs, those instruments of economic arm-wrestling, cast a long shadow, and Japan’s recent refusal to kowtow to all US demands has stirred a pot of market anxiety. Traders, ever the cautious lot, now seek altcoins to cast off, lest they be caught in the downdraft should this US-Japan tariff tango turn sour.
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Japan-US Deal on Tariffs At A Crossroads – Time to Sell Altcoins?

This deal, this delicate dance between Japan and the US on tariffs, teeters on the precipice of a dead end, much like a lovelorn suitor rejected at the ball. Investors, with a nervous twitch, are casting about for altcoins to jettison. Japan’s Prime Minister, Shigeru Ishiba, a man of steadfast resolve, has declared that his nation shall not forever bend the knee to US tariff demands, hinting that negotiations may indeed be headed for the rocks.
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At the same time, that oracle of finance, Fox Business reporter Charles Gasparino, has intoned that while “progress” has been made in these trade talks with Japan, a tariff deal is not yet upon us, suggesting a faint, yet unsettling, possibility of failure. Such suspense! One can almost hear the dramatic organ music swelling in the background.
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Additionally, this air of market uncertainty has seen gold, that venerable store of value, surge past $3,400 for the first time in recorded history. Meanwhile, the US dollar index, that bellwether of American economic might, has sunk to 98, its lowest ebb in over three years. These macroeconomic headwinds, like ill winds across a wheatfield, make it an opportune moment for traders to lighten their altcoin load and pocket some profits before the inevitable downtrend descends.
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4 Altcoins to Sell Now

The four altcoins that investors should consider sending packing are Pi Network (PI), Mantra (OM), Polygon (POL), and Official Trump (TRUMP). These digital darlings have, alas, stood out for their bearish technical outlook and a distinct lack of strong fundamentals. They’re like the awkward wallflowers at the crypto ball, destined to be overlooked.
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Pi Network (PI)

Pi Network is a prime candidate for the altcoin gallows, owing to its bearish technical demeanor and the dearth of robust catalysts to fuel a recovery. At the same time, the ongoing PI token unlocks suggest that this altcoin may be poised for a plunge, despite the valiant efforts of the team to prop it up by buying back the unlocked coins. It’s like trying to hold back a flood with a teacup!

The hourly chart, that soothsayer of short-term fortunes, reveals that the Pi Network price has stumbled and fallen to the lower Bollinger band. This ominous sign suggests that Pi Coin may plummet to the 1.618 Fibonacci level of $0.47, potentially setting it on a course to revisit its all-time lows. A grim prospect indeed!
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Polygon (POL)

Another altcoin deserving of a swift farewell is Polygon (POL). Analyst Andrew Griffiths, a man of bearish pronouncements, has shared a grim Polygon price prediction, suggesting that this altcoin is ripe for a significant plunge. In his analysis, Griffiths noted that POL price was nearing a key resistance level near the 200-day EMA. A dangerous precipice!
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This analyst further observed that whale activity linked to Polygon was waning, further hinting at a potential price decline. Considering these unfavorable factors, Polygon is a prime candidate for a timely sell-off to avert potential losses. Better to be safe than sorry, as the old adage goes.
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Official Trump (TRUMP)

Another altcoin deserving of scrutiny is TRUMP, one of the meme coins associated with the US President. Data from Coinglass, that font of crypto wisdom, reveals that TRUMP funding rates have turned negative, signaling that short sellers are placing bets on a massive decline for this meme coin. This bearish outlook casts a long shadow over TRUMP, prompting traders to consider selling now to mitigate potential losses.
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Mantra (OM)

Many crypto traders have been eyeing the Mantra altcoin with suspicion following its recent crash, which has severely dented investor confidence. Despite the team’s valiant efforts to restore faith through initiatives like burning tokens held by the team, this altcoin continues its downward spiral. Without fresh support from buyers to spark a recovery, Mantra faces a bearish price prediction, making now an opportune moment to bid it adieu.
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Summary of Top Altcoins to Sell

The crypto market stands on the brink of volatility amidst reports that the tariff deal between the US and Japan is on precarious footing, with the latter refusing to yield to all demands. Amid this uncertainty, crypto traders are seeking out altcoins to offload, aiming to avoid potential losses should market conditions take a turn for the worse. May fortune favor the bold… or at least the well-informed.
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2025-04-21 18:48