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 |
|---|---|---|---|---|
| -40.82 % | -5.21 % |  Tokenize XchangeTKX | 8.67 GBP | 694.00 mil. GBP |
| -14.87 % | -6.89 % |  KetKET | 0.21000134 GBP | 210.00 mil. GBP |
| -9.1 % | -2.71 % |  Maple FinanceSYRUP | 0.36121327 GBP | 387.00 mil. GBP |
| -6.11 % | -1.51 % |  PlumePLUME | 0.07813597 GBP | 199.00 mil. GBP |
| -4.07 % | 12.73 % |  Useless CoinUSELESS | 0.2062882 GBP | 206.00 mil. GBP |
| -3.87 % | -4.05 % |  Cheems TokenCHEEMS | 0.00000099 GBP | 202.00 mil. GBP |
| -2.78 % | -0.73 % |  WalrusWAL | 0.29581918 GBP | 408.00 mil. GBP |
| -1.12 % | -1.88 % |  MimbleWimbleCoinMWC | 27.34 GBP | 300.00 mil. GBP |
| -0.66 % | 0.06 % |  Spiko EU T-Bills Money Market FundEUTBL | 0.8964285 GBP | 205.00 mil. GBP |
| -0.62 % | 0.56 % |  DeXeDEXE | 5.62 GBP | 321.00 mil. GBP |
| -0.46 % | -1.11 % |  Bitget TokenBGB | 3.24 GBP | 3.00 bil. GBP |
| -0.27 % | -0.41 % |  MovementMOVE | 0.11230841 GBP | 292.00 mil. GBP |
| -0.13 % | 0.43 % |  Maal ChainMAAL | 0.06117421 GBP | 611.00 mil. GBP |
| -0.13 % | -0.19 % |  OpenEden OpenDollarUSDO | 0.74042994 GBP | 221.00 mil. GBP |
| -0.05 % | -0.13 % |  First Digital USDFDUSD | 0.73893194 GBP | 1.00 bil. GBP |
| -0.04 % | 0 % |  Usual USDUSD0 | 0.73909196 GBP | 433.00 mil. GBP |
| -0.03 % | -0.01 % |  Binance-Peg BUSDBUSD | 0.74085 GBP | 231.00 mil. GBP |
| -0.03 % | -0.06 % |  Ripple USDRLUSD | 0.74045439 GBP | 383.00 mil. GBP |
| -0.03 % | 0.09 % |  Falcon USDUSDF | 0.74064701 GBP | 441.00 mil. GBP |
| -0.03 % | -0.01 % |  USDtbUSDTB | 0.74051217 GBP | 1.00 bil. GBP |
| -0.02 % | -0.01 % |  PayPal USDPYUSD | 0.74040771 GBP | 657.00 mil. GBP |
| -0.01 % | -0.04 % |  GHOGHO | 0.74024991 GBP | 231.00 mil. GBP |
| -0.01 % | -0.18 % |  Ondo US Dollar YieldUSDY | 0.8090082 GBP | 470.00 mil. GBP |
| -0.01 % | -0.01 % |  USDSUSDS | 0.74066331 GBP | 5.00 bil. GBP |
| -0 % | -0.04 % |  USD1USD1 | 0.74075369 GBP | 1.00 bil. GBP |
