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Comparing how Popular Projects are holding up over the Bear Market after Aug. 17th Flash Crash.

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So Crypto Flash Crashed and lots of Crypto projects are/were on sale - some more than others. Lets take a look at how low these projects dipped compared to their Bear Market Low.

Bitcoin

  • Flash Crash Bottom: $25.4K
  • Current Bear Market Bottom: $15.6K
  • Percent from Bottom: +63%

Ethereum

  • Flash Crash Bottom: $1.55K
  • Current Bear Market Bottom: $1K
  • Percent from Bottom: +55%

Cardano

  • Flash Crash Bottom: $.2458
  • Current Bear Market Bottom: $.2304
  • Percent from Bottom: +7%

Polkadot

  • Flash Crash Bottom: $4.35
  • Current Bear Market Bottom: $4.24
  • Percent from Bottom: +3%

Dogecoin

  • Flash Crash Bottom: $.058
  • Current Bear Market Bottom: $.055
  • Percent from Bottom: +5%

Matic

  • Flash Crash Bottom: $.54
  • Current Bear Market Bottom: $.40
  • Percent from Bottom: +35%

Atom

  • Flash Crash Bottom: $7.30
  • Bear Market Bottom: $6.07
  • Percent from Bottom: +20%

Algorand

  • Flash Crash Bottom: $.088
  • Current Bear Market Bottom: $.088
  • Percent from Bottom: AT BOTTOM

Bonus: Moons

  • Flash Crash Bottom: $.371
  • Current Bear Market Bottom: $.033
  • Percent from Bottom: +1,124%

As you can see minus a few exceptions the majorities of Alts flash crashed near their bear market bottoms with ALGO finding a new bottom - while BTC is up +63% and ETH is up +55% compared to the current bear market bottom.

With most alts so close to their bear market bottom - if BTC somehow managed to retrace and test it's bear market low $15.6K, I'm a little scared to see how much further alts will drop.

submitted by /u/GabeSter
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