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
|
1,685 GBP | 1.00 bil. GBP |
| -24.97 % | -3.74 % |
WETH
WETH
|
1,685 GBP | 3.00 bil. GBP |
| -24.29 % | -3.45 % |
Rocket Pool ETH
RETH
|
1,954 GBP | 701.00 mil. GBP |
| -15.29 % | -12.23 % |
World Liberty Financial
WLFI
|
0.06164125 GBP | 1.00 bil. GBP |
| -14.8 % | -21.23 % |
Bittensor
TAO
|
197 GBP | 1.00 bil. GBP |
| -14.24 % | -3.48 % |
Function FBTC
FBTC
|
56,845 GBP | 623.00 mil. GBP |
| -13.33 % | -2.9 % |
Jupiter Perpetuals Liquidity Provider Token
JLP
|
2.98 GBP | 1.00 bil. GBP |
| -7.91 % | -2.63 % |
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POL (ex-MATIC)
POL
|
0.06371375 GBP | 677.00 mil. GBP |
| -7.6 % | -0.35 % |
Algorand
ALGO
|
0.08353527 GBP | 743.00 mil. GBP |
| -4.05 % | 0.69 % |
Stellar
XLM
|
0.11641835 GBP | 3.00 bil. GBP |
| -1.19 % | 0.3 % |
Ondo
ONDO
|
0.19144561 GBP | 932.00 mil. GBP |
| -1.18 % | 2.52 % |
MemeCore
M
|
2.01 GBP | 3.00 bil. GBP |
| -0.91 % | 0.03 % |
Pi Network
PI
|
0.12571815 GBP | 1.00 bil. GBP |
| -0.9 % | -1.32 % |
Figure Heloc
FIGR_HELOC
|
0.75979042 GBP | 12.00 bil. GBP |
| -0.38 % | -1.39 % |
Currency One USD
C1USD
|
0.7415748 GBP | 1.00 bil. GBP |
| -0.26 % | 2.49 % |
Aave
AAVE
|
70.06 GBP | 1.00 bil. GBP |
| -0.18 % | -0.31 % |
Ondo US Dollar Yield
USDY
|
0.83346256 GBP | 988.00 mil. GBP |
| -0.13 % | 0.43 % |
Maal Chain
MAAL
|
0.06144777 GBP | 614.00 mil. GBP |
| -0.06 % | -0.03 % |
Dai
DAI
|
0.74370832 GBP | 3.00 bil. GBP |
| -0.06 % | -0.02 % |
PayPal USD
PYUSD
|
0.74405882 GBP | 2.00 bil. GBP |
| -0.04 % | 0.02 % |
USD1
USD1
|
0.74381473 GBP | 3.00 bil. GBP |
| -0.01 % | -0 % |
USDC
USDC
|
0.74409305 GBP | 58.00 bil. GBP |
| -0.01 % | -0 % |
USDS
USDS
|
0.74402384 GBP | 8.00 bil. GBP |
| -0.01 % | -0 % |
Circle USYC
USYC
|
0.83346256 GBP | 1.00 bil. GBP |
| -0 % | -0.03 % |
USDtb
USDTB
|
0.74378124 GBP | 644.00 mil. GBP |
