Crypto Alert: Only 24% of Altcoins Clear 200-Day SMA - Massive Buying Window Opening Now!
Market bloodbath creates generational altcoin opportunity as technical indicators flash extreme oversold signals.
The Oversold Reality
With just 24% of alternative cryptocurrencies trading above their 200-day simple moving average, the altcoin market hasn't been this beaten down since the last crypto winter. That key technical level - watched religiously by institutional traders and retail degens alike - now serves as the ultimate contrarian indicator.
Smart Money Positioning
While paper-handed investors panic-sell, blockchain analytics show whales accumulating quality altcoins at these distressed prices. The same pattern emerged before the 2023 rally that saw early buyers pocket 300% returns within months.
Seasonal Catalysts Loom
Historically, Q4 delivers crypto's strongest quarterly performance - and with Bitcoin ETF inflows accelerating, altcoins typically follow BTC's lead with amplified gains. This time, the setup looks even more explosive given how far behind altcoins have lagged.
Selective Accumulation Strategy
Not all altcoins deserve your capital though. Focus on projects with actual revenue, declining token supplies, and development activity that's increased during the downturn. The rest? Let them join the crypto graveyard where they belong.
Wall Street analysts would call this 'bottom fishing' - we call it buying quality assets at fire-sale prices while traditional finance still doesn't understand the difference between Dogecoin and decentralized finance.
David Sacks encourages Musk to rewrite Wikipedia
Musk brought up Grokipedia again after David Sack proposed a new market opportunity for artificial intelligence to rewrite Wikipedia by integrating previously banned sources.
There’s a market opportunity for AI to rewrite Wikipedia just taking into account all the banned sources. https://t.co/zMtuAieNgs
— David Sacks (@DavidSacks) September 30, 2025
According to Sacks, “Wikipedia is hopelessly biased. An army of left-wing activists maintain the bios and fights reasonable corrections. Magnifying the problem, Wikipedia often appears first in Google search results, and now it’s a trusted source for AI model training. This is a huge problem.”
Sacks’ suggestion was motivated by an interview with Tucker Carlson, where Wikipedia co-founder Larry Sanger guided him through the site’s blacklist. “Red means it’s blacklisted,” he said. “You cannot cite it as a source of facts, maybe as a source of opinion, but generally that works out.”
According to Sanger, using public discussion and consensus, Wikipedia has a page called Perennial Sources that sorts sources into groups based on how reliable they are said to be. The New York Times, The Washington Post, CNN, The Nation, Mother Jones, and GLAAD are among the publications that have Wikipedia’s approval.
On the other hand, the blacklisted sources include Breitbart News, The Daily Caller, The Epoch Times, Fox News, The New York Post, and The Federalist. “So, you can’t use those as sources on Wikipedia,” Sanger said.
However, AI is likely to have some challenges. A 2024 study showed chatbots deliver strong performance on simple fact-based queries but struggle with complex “why” and “how” questions. Problems included faulty reasoning, technical inaccuracies, and the inability to cite valid references.
Musk’s feud with Wikipedia
It’s not the first time Musk has criticized Wikipedia. After a disagreement over the term “recession” led to more than 180 edits in only one week in 2022, he went on to accuse the platform of bias.
A year down the road, he got into an online feud with Jimmy Wales, the founder of Wikipedia, over transparency and neutrality.
In October 2024, Musk promised to pay $1 billion to Wikipedia in exchange for changing its name to “Dickipedia.” In December 2024, he was already urging users to stop donating to the site after a far-right X account claimed that the Wikimedia Foundation devotes $50 million a year to diversity and inclusion projects.
The confrontation has escalated since TRUMP took office. Elon Musk renewed his feud with Wikipedia when the website included his gesture during Trump’s inauguration, which many have equated to the Nazi salute.
While Musk was not formally accused of doing a Nazi salute, he did flag the organization as far-left, previously referring to it as “Wokepedia.” X Musk urged people to “defund Wikipedia until balance is restored!”
The way Musk’s biography is presented on Wikipedia has also been a point of public contention for the billionaire. Since he would rather have attention focused on his leadership positions, he once asked that editors remove the term “investor” from his page.
At the same time, using AI has caused some upheaval on Wikipedia. The Wikimedia Foundation stopped experimenting with AI-generated summaries in June 2025 after editors strongly objected.
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