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#Grayscale , one of the largest digital asset managers in the world, announced that major altcoins may be starting to reach their lowest point. According to #Zach Pandl, head of research at Grayscale, altcoins have shown resilience in the face of recent events, which may signal the formation of a bottom.
*Important points:*
- The
#ALTCOİNS have significantly retraced from their all-time highs, but now show signs of recovery.
- The macroeconomic environment is challenging, but altcoins have not suffered a significant collapse.
- The downward pressure is decreasing, which may indicate the formation of a bottom.
- Long-term investors may take advantage of current levels to enter the market.
Grayscale also announced the launch of the Grayscale Space and Time (
#SXTSwap ) Trust, which offers regulated exposure to the token
$SXT , the native cryptocurrency of the Space and Time Network.