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
|
1,707 GBP | 1.00 bil. GBP |
| -24.97 % | -3.74 % |
WETH
WETH
|
1,708 GBP | 3.00 bil. GBP |
| -24.29 % | -3.45 % |
Rocket Pool ETH
RETH
|
1,981 GBP | 710.00 mil. GBP |
| -15.78 % | 5.31 % |
Midnight
NIGHT
|
0.0376368 GBP | 622.00 mil. GBP |
| -14.24 % | -3.48 % |
Function FBTC
FBTC
|
57,607 GBP | 632.00 mil. GBP |
| -13.33 % | -2.9 % |
Jupiter Perpetuals Liquidity Provider Token
JLP
|
3.02 GBP | 1.00 bil. GBP |
| -6.09 % | 1.16 % |
Worldcoin
WLD
|
0.27144076 GBP | 792.00 mil. GBP |
| -2.58 % | -2.62 % |
Rain
RAIN
|
0.00671436 GBP | 3.00 bil. GBP |
| -2.56 % | -2.33 % |
Figure Heloc
FIGR_HELOC
|
0.76016506 GBP | 12.00 bil. GBP |
| -2.09 % | -1.51 % |
OKB
OKB
|
70.58 GBP | 1.00 bil. GBP |
| -2.09 % | -1.35 % |
PAX Gold
PAXG
|
3,803 GBP | 1.00 bil. GBP |
| -1.98 % | -1.3 % |
Tether Gold
XAUT
|
3,778 GBP | 2.00 bil. GBP |
| -1.63 % | -1.95 % |
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POL (ex-MATIC)
POL
|
0.0724389 GBP | 768.00 mil. GBP |
| -1.38 % | -0.71 % |
Spiko EU T-Bills Money Market Fund
EUTBL
|
0.9049584 GBP | 735.00 mil. GBP |
| -1.18 % | 1.79 % |
Hedera
HBAR
|
0.07198567 GBP | 3.00 bil. GBP |
| -0.55 % | 1.53 % |
Ondo US Dollar Yield
USDY
|
0.85216916 GBP | 1.00 bil. GBP |
| -0.49 % | 3.5 % |
Canton
CC
|
0.11442068 GBP | 4.00 bil. GBP |
| -0.38 % | 0.87 % |
Toncoin
TON
|
0.99545424 GBP | 2.00 bil. GBP |
| -0.38 % | -1.39 % |
Currency One USD
C1USD
|
0.75150913 GBP | 1.00 bil. GBP |
| -0.13 % | 0.43 % |
Maal Chain
MAAL
|
0.06227094 GBP | 622.00 mil. GBP |
| -0.07 % | 0.19 % |
HTX DAO
HTX
|
0.00000121 GBP | 1.00 bil. GBP |
| -0.07 % | 1.1 % |
USDtb
USDTB
|
0.75488613 GBP | 630.00 mil. GBP |
| -0.05 % | 0.02 % |
JUSD
JUSD
|
0.753448 GBP | 37.00 bil. GBP |
| -0.05 % | 1.61 % |
MemeCore
M
|
1.12 GBP | 1.00 bil. GBP |
| -0.04 % | -0.01 % |
PayPal USD
PYUSD
|
0.75407544 GBP | 3.00 bil. GBP |
| -0.02 % | -0.02 % |
Ripple USD
RLUSD
|
0.75399173 GBP | 1.00 bil. GBP |
| -0.02 % | 0.01 % |
USD1
USD1
|
0.753675 GBP | 3.00 bil. GBP |
| -0.01 % | -0.01 % |
Dai
DAI
|
0.75403924 GBP | 3.00 bil. GBP |
| -0.01 % | -0.01 % |
USDC
USDC
|
0.7540596 GBP | 59.00 bil. GBP |
| -0 % | -0.02 % |
USDS
USDS
|
0.7540596 GBP | 8.00 bil. GBP |
| -0 % | -0.01 % |
Global Dollar
USDG
|
0.75412898 GBP | 1.00 bil. GBP |
