So here we are again, watching the crypto market waltz dangerously close to a nosedive, thanks to President Trump’s ever-charming tariff policy. Just when you thought your portfolio was safe from geopolitical soap operas, along comes Jerome Powell, the Federal Reserve Chair, dropping hints that these tariffs might send US inflation on a joyride. Spoiler alert: Joyrides usually end badly for altcoins. Buckle up, crypto enthusiasts, itâs time to talk about which altcoins you should probably dump before the market turns uglier than a Zoom call with bad lighting.
Fed Chair Says Tariffs = Inflation. Sell Altcoins or Sell Your Soul?
Powell, the maestro of economic doom, says tariffs are the new villain in the inflation saga. Reuters grabbed some experts to confirm that the economy’s performance is looking shakier than a toddler on a sugar rush. One market oracle grumbled,
âPowell is basically the town crier now, yelling about slowing growth and stubborn inflation because of tariffs. Investors are not thrilled.â
Meanwhile, Trumpâs firing off posts on Truth Social blaming Powellâs hawkish vibe for the market jitters. Apparently, other central banks are playing it cool with low rates, while Powellâs standing firm, giving crypto traders more reasons to grip their stress balls.
Despite all this financial soap opera, the CME FedWatchTool tells us 87% of investors think interest rates are staying put next month. So, brace yourself: crypto could get as volatile as your last family reunion. Traders, this means you better start eyeballing those altcoins to sell before your gains evaporate like free samples at Costco.
Top 3 Altcoins to Offload Before You Cry Into Your Keyboard
As the economic mood sinks to somewhere near “gray cloud,” crypto investors are scrambling for exits faster than a squirrel spotting a cat. Hereâs the not-so-glamorous list of altcoins to chuck out, pronto: Mantra (OM), Pi Network (PI), and Trump (TRUMP). No, the last one isnât a late April Foolâs joke.
Mantra (OM)
Remember Mantra? It recently took a nosedive so spectacular it deserves an Olympic medal in falling. Down a stomach-churning 92% from its glory days just two months ago, itâs in the kind of bear market that makes even grizzly bears say, âNo thanks.â The technical mumbo jumbo â RSI sitting at zombie-level 27 and ADX rising like itâs having espresso â screams âmore pain ahead.â If Mantra were a movie, itâd be a horror flick. đ©žđŹ
Pi Network (PI)
Pi Networkâs scene is less horror, more soap opera: token unlocks are about to flood the market like your inbox after a weekend away. Over 10 million Pi Coins are hitting circulation next month, which, if youâre into economics, is basically crypto speak for âhold onto your hats, itâs dumping time.â As analyst Dr Altcoin put it with the gravitas of a Shakespearean tragedy, these unlocks are why Piâs price is playing limboâhow low will it go? Spoiler: pretty low.
TRUMP (TRUMP)
And then thereâs TRUMP, the meme coin thatâs making investors double-check if they really want their money in a cryptocurrency named after Americaâs most notorious blender of controversy. The funding rates are so negative, theyâd give your bank account a complex. Long positions? Plenty. Optimism? Barely. Itâs like the coin itself is saying, âHold my tweet, Iâm about to crash.â đŹđ
TL;DR â Sell These Altcoins Before They Sell You
Jerome Powell warns tariffs are fueling inflation, the Fed is playing hardball, and the crypto marketâs mood is conveniently summarized as âHold my beer.â If you want to avoid getting roasted, dump Mantra (OM), Pi Network (PI), and the TRUMP meme coin faster than you can say âblockchain bubble.â Or donât, and enjoy the ride down the crypto rollercoaster thatâs starting to look more like a plunge.
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2025-04-17 17:23