Why is the price of altcoin falls

In the first half of April, dozens of cryptocurrencies traded on crypto -rhizas such as Binance and OKX experienced a two -digit price drop for no apparent reason. At different times, tokens such as, for example, ACT, DEXE, KAVA, DF, HIPPO, UFT, VIDT, fell up to 90%in a matter of hours. Experts suggest that the causes of such a movement of quotations can lie in the absence of transparency of relations between tokens and marketmakers, writes RBC Crypto.

On April 13, the price of OM token collapsed by 94% within two hours, having lost more than $ 5 billion of capitalization. On April 12, VIDT quotes collapsed by 82%, according to Binance. On April 3-4, more than ten tokens, including ACT, DEXE, KAVA, DF, HIPPO, UFT, DF, Bananas31, Lumia, TST, Quick, collapsed by tens of percent, and some drop exceeded 50%.

If large players of the industry will not take measures to improve the situation, most of the market will remain unsuitable for investment in the foreseeable future, said Arthur Chong, founder of the venture company Defiance Capital. The Chinese journalist Colin Wu drew attention to his opinion.

Jong noted the tendency to fall to the prices of tokens after the start of trading on the exchanges: “They simply fell by 70–90% after listing for several months.” Jong also focused on the lack of transparency of the relationship between token developers and market makers.

Marketmakers play a key role on crypto -rhms, helping to ensure liquidity for traders. Their main task is to ensure significant demand and offer for a particular asset, as well as maintaining a high level of trade activity. Market makers set for trading couples the prices of supply and demand prices, and can also act as a buyer or seller in the transaction in the absence of a suitable counterparty. Who are the KRIPRENKA market makers. Why are they needed and how they earn

The biggest problem that crypto is now faced with is the complete ambiguity of how projects interact with market makers, writes Chong. In his opinion, this carries huge risks of price manipulation: “You do not know whether the price is the result of organic demand and supply. Or is it the result of the collusion of projects and market makers with the calculation to fix the price to achieve other goals. It is completely strange that the crypto -rhins turn a blind eye to this. And the altcoin market is becoming increasingly hopeless and loses confidence. ”

Wu also noticed that such activity on some tokens is limited by several exchanges. So, on April 14, Story (IP) quotes suddenly fell by about 21.5%, while the main amount of bidding was focused on Binance and OKX. The price of ACT token dropped sharply by about 27%, while most of the bidding was concentrated on the spot and futures markets of Binance.

Nevertheless, periodic collapses of prices for some tokens are accompanied by local actions of crypto -streaks, which indicate the work on creating a fair environment for users.

So, for example, after the fall of the OM token by almost 94%, the head of the OKX crypto -tank, Star Xui said that the platform was exploring the incident and provide all the necessary reports. However, it is worth recognizing that the situation with OM became a resonant event on the crypto, probably due to the huge capitalization of the project to a fall exceeding $ 6 billion.

Although the Binance crypto -rope did not publicly respond to the situation with OM, in March the platform stopped the work of two market makers. According to the exchanges, unnamed trade organizations received illegal profit within a few months.

However, public statements and actions of the exchange are isolated cases against the background of many cases of collapse of tokens prices in April. In addition, there is a total negative dynamics of tokens prices, which began to bargain on exchanges in 2025.

According to Binance, of the ten added in March 2025, only one cryptoactive grew up in price – Form with an increase in growth of 11%. The data is designed from the price, which was at the end of the first day of the auction until April 15, 15:45 Moscow time. The remaining nine, including Parti, Brocoli714, Bananas31, Mubarak, Tut, Gun, BMT, Nil, Epic, fell in the range to about 80%.

In general, the trend of falling tokens prices after the start of bidding on Binance is not something new. According to the analytical panel on the Dune, none of the 32 tokens that fell into trading lists for the exchange increased in price from the start of trading until April 15.

The last listing of token from the list on Dune dates from the beginning of October. Then the panel was not updated.

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