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 |
|---|---|---|---|---|
| -24.97 % | -3.7 % |
Binance-Peg WETH
WETH
|
1,669 GBP | 1.00 bil. GBP |
| -24.97 % | -3.74 % |
WETH
WETH
|
1,669 GBP | 3.00 bil. GBP |
| -24.83 % | -8.6 % |
Bittensor
TAO
|
176 GBP | 1.00 bil. GBP |
| -24.29 % | -3.45 % |
Rocket Pool ETH
RETH
|
1,936 GBP | 694.00 mil. GBP |
| -15.45 % | -0.71 % |
World Liberty Financial
WLFI
|
0.05931388 GBP | 1.00 bil. GBP |
| -14.24 % | -3.48 % |
Function FBTC
FBTC
|
56,309 GBP | 617.00 mil. GBP |
| -13.33 % | -2.9 % |
Jupiter Perpetuals Liquidity Provider Token
JLP
|
2.95 GBP | 1.00 bil. GBP |
| -8.09 % | -3.37 % |
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POL (ex-MATIC)
POL
|
0.06083977 GBP | 646.00 mil. GBP |
| -5.89 % | -5.71 % |
Render
RENDER
|
1.35 GBP | 698.00 mil. GBP |
| -5.65 % | -4.29 % |
Polkadot
DOT
|
0.85509168 GBP | 1.00 bil. GBP |
| -4.17 % | 1.97 % |
Algorand
ALGO
|
0.07930533 GBP | 706.00 mil. GBP |
| -2.52 % | -3.1 % |
Cardano
ADA
|
0.17683959 GBP | 6.00 bil. GBP |
| -2.45 % | -3.16 % |
Hedera
HBAR
|
0.06258608 GBP | 2.00 bil. GBP |
| -2.1 % | -1.58 % |
Sky
SKY
|
0.05490205 GBP | 1.00 bil. GBP |
| -1.8 % | -2.2 % |
Shiba Inu
SHIB
|
0.0000043 GBP | 2.00 bil. GBP |
| -1.67 % | -2.64 % |
Ondo
ONDO
|
0.18456564 GBP | 898.00 mil. GBP |
| -1.08 % | -2.5 % |
Ethereum Classic
ETC
|
6.13 GBP | 957.00 mil. GBP |
| -0.99 % | -0.4 % |
Pi Network
PI
|
0.12208498 GBP | 1.00 bil. GBP |
| -0.8 % | -0.71 % |
Stellar
XLM
|
0.11377142 GBP | 3.00 bil. GBP |
| -0.72 % | -1.41 % |
Cronos
CRO
|
0.05090892 GBP | 2.00 bil. GBP |
| -0.52 % | 0.07 % |
Figure Heloc
FIGR_HELOC
|
0.75778814 GBP | 12.00 bil. GBP |
| -0.38 % | -1.39 % |
Currency One USD
C1USD
|
0.7345842 GBP | 1.00 bil. GBP |
| -0.36 % | 0 % |
Blockchain Capital
BCAP
|
61.01 GBP | 555.00 mil. GBP |
| -0.25 % | -2.25 % |
Aster
ASTER
|
0.49015551 GBP | 1.00 bil. GBP |
| -0.24 % | 0.09 % |
Ondo US Dollar Yield
USDY
|
0.83297724 GBP | 980.00 mil. GBP |
| -0.15 % | -0.53 % |
Bitcoin Cash
BCH
|
321 GBP | 6.00 bil. GBP |
| -0.13 % | 0.43 % |
Maal Chain
MAAL
|
0.06086852 GBP | 608.00 mil. GBP |
| -0.12 % | -0.16 % |
USDD
USDD
|
0.73629586 GBP | 1.00 bil. GBP |
| -0.07 % | -0.05 % |
Dai
DAI
|
0.73669097 GBP | 3.00 bil. GBP |
| -0.04 % | -0.04 % |
USDC
USDC
|
0.73680817 GBP | 58.00 bil. GBP |
| -0.04 % | 0.03 % |
USD1
USD1
|
0.73674331 GBP | 3.00 bil. GBP |
| -0.02 % | -0.02 % |
Global Dollar
USDG
|
0.73701826 GBP | 1.00 bil. GBP |
