According to @CryptoMichNL, altcoins priced in gold have fallen back to the same valuation seen during the 2022 LUNA crash, which he describes as a ghost town market, source: @CryptoMichNL on X, Jan 10, 2026. The post highlights a comparison of the current altcoin-to-gold valuation with the LUNA crash period without providing additional metrics or timeframe details, source: @CryptoMichNL on X, Jan 10, 2026. For traders, the author’s observation underscores that the altcoin-to-gold ratio is at levels comparable to the LUNA crash period, source: @CryptoMichNL on X, Jan 10, 2026.

According to Crypto Rover, the current global sentiment remains risk-off, resulting in altcoins being oversold compared to gold. However, a market shift to risk-on could lead to a significant increase in altcoin prices.