Top Losing Cryptocurrencies
Cryptocurrencies are known for their volatility, with prices often fluctuating by tens of percent. When demand for a specific project drops, the cryptocurrency's price declines, and in some cases, the entire project may collapse, especially after being targeted by hackers. However, the most common reason for a cryptocurrency's price drop is simple—no one wants it.
Several factors can contribute to the decline in cryptocurrency prices, including:
- Market sentiment: Negative news or rumors can lead to a loss of investor confidence, triggering sell-offs and price drops.
- Regulatory changes: The crypto sector is subject to government regulations and policy changes, which can significantly impact their value.
- Hacks: Cryptocurrency exchanges and wallets are vulnerable to hackers and security breaches. If a major exchange or wallet is hacked, it can result in a loss of trust in the cryptocurrency and a price decline.
- Competition: With over 20,000 cryptocurrencies on the market and new ones emerging constantly, a newer project offering better features or solving problems existing projects cannot may cause older projects to lose value.
This ranking includes only projects within the top 200 by market capitalization, sorted by the largest price declines over the past 24 hours. Keep in mind that cryptocurrencies are highly speculative investments. Thorough research is essential before investing in any cryptocurrency.
| 7 days change | 24h change | Name | Price | Market cap |
|---|---|---|---|---|
| -6.37 % | -2.41 % |
Monero
XMR
|
315 GBP | 5.00 bil. GBP |
| -5 % | -0.37 % |
Zcash
ZEC
|
377 GBP | 6.00 bil. GBP |
| -3.59 % | 0.49 % |
Uniswap
UNI
|
4.45 GBP | 2.00 bil. GBP |
| -3.33 % | 0.95 % |
PAX Gold
PAXG
|
3,270 GBP | 1.00 bil. GBP |
| -2.87 % | 1.23 % |
Tether Gold
XAUT
|
3,265 GBP | 1.00 bil. GBP |
| -2.16 % | 0.21 % |
Sky
SKY
|
0.0468764 GBP | 1.00 bil. GBP |
| -0.94 % | 0.31 % |
Provenance Blockchain
HASH
|
0.02243944 GBP | 1.00 bil. GBP |
| -0.57 % | -0.36 % |
Rain
RAIN
|
0.00599432 GBP | 2.00 bil. GBP |
| -0.47 % | -3.51 % |
Midnight
NIGHT
|
0.06688612 GBP | 1.00 bil. GBP |
| -0.38 % | -1.39 % |
Currency One USD
C1USD
|
0.74071779 GBP | 1.00 bil. GBP |
| -0.13 % | 0.43 % |
Maal Chain
MAAL
|
0.06137676 GBP | 613.00 mil. GBP |
| -0.09 % | 0 % |
Figure Heloc
FIGR_HELOC
|
0.75742576 GBP | 10.00 bil. GBP |
| -0.04 % | -0.55 % |
sUSDS
SUSDS
|
0.80202394 GBP | 3.00 bil. GBP |
| -0.03 % | -0.02 % |
Dai
DAI
|
0.74289716 GBP | 3.00 bil. GBP |
| -0.02 % | 0.04 % |
Ripple USD
RLUSD
|
0.74327029 GBP | 1.00 bil. GBP |
| -0.02 % | -0 % |
USDtb
USDTB
|
0.74289047 GBP | 627.00 mil. GBP |
| -0.01 % | 0.01 % |
USDC
USDC
|
0.74322495 GBP | 56.00 bil. GBP |
| -0.01 % | 0 % |
Global Dollar
USDG
|
0.74306737 GBP | 1.00 bil. GBP |
