Trade Carefully! Here Are 3 Altcoins to Avoid As Crypto Prices Dip

There are tons of “best cryptos to buy” floating out there on various crypto media, but rarely will you find a piece that actually helps you know which altcoins to avoid right now.

Traders, heed this warning! While countless articles highlight the "best cryptos to buy" during periods of crypto price volatility, few provide insight into which altcoins to avoid.

The Economic Policy Uncertainty Index has reached a new all-time high, and Trump will announce more tariffs on Wednesday, April 2nd, setting the stage for an exceptionally volatile week. These tariffs could trigger a rally in safer assets like the USD and potentially cause a decline in altcoins.

As we navigate this period of rising uncertainty, prepare for substantial market swings. Such an environment typically favors safer investments and might lead to drops in trading volumes, so keep a close eye on the market.

As crypto prices experience a downturn at the end of March, we're highlighting 3 altcoins that you might consider selling while Bitcoin and the broader market are in a downward trend.

Ether's price has slid 40% in the last three months, lagging behind both Bitcoin and Solana. Currently, it's trading below $1,900.

With faster and cheaper blockchains stealing attention from Ethereum, these newer networks are performing at lower costs and process transactions faster, ultimately leading to user migration. This has posed a challenge for the biggest crypto network throughout this bull run.

The team continues to struggle and delay critical upgrades, which the Financial Times describes as "a midlife crisis." Many question if Ethereum can sustain its position at the apex.

A lack of clear regulations and major institutional investments have also impacted it negatively. The U.S. government didn't include Ether in its crypto reserve, and investors have lost confidence.

Pi Network's hype has cooled down significantly in recent times. As the level of excitement wanes, we can expect less interest from investors, in turn putting more selling pressure on Pi Coins.

Technical indicators present a bleak outlook for Pi. A low RSI and negative ROC indicate a rapid decline in the coin's value. To make matters worse, there has been an influx of scammers into the Pi Network community, which can erode trust and negatively impact the coin's price. You can read more about this in our today’s piece.

Solana's transfer volume has plummeted, shrinking from $1.99 billion in November 2024 to just $14.57 million now. This massive drop signals a decline in the network's usage.

Money locked in Solana's DeFi apps has been decreasing since mid-January, sliding 45.5% from $12.1 billion to $6.4 billion by March 11. It seems fewer people are interested in Solana's DeFi options at the moment.

Active addresses on Solana have decreased from 5.7 million to 3.49 million, and transactions have also fallen from 291 million to 273 million, indicating a decline in user activity on the Solana network.

Final Thoughts

As the saying goes in crypto, anything can happen. These 3 coins might experience an unexpected surge in April. However, at present, the overall picture is not favorable. Ethereum faces stiff competition and internal issues, while Pi Network has lost its hype factor and seen an influx of scammers. On the other hand, Solana's numbers are down across the board.

Keep an eye on how the market reacts after Trump's tariff announcement. Sometimes, the worst-performing assets tend to rebound the strongest. But until we see clear signs of recovery, it might be wise to exercise caution with these particular altcoins.