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
|
1,682 GBP | 1.00 bil. GBP |
| -24.97 % | -3.74 % |
WETH
WETH
|
1,683 GBP | 3.00 bil. GBP |
| -24.29 % | -3.45 % |
Rocket Pool ETH
RETH
|
1,952 GBP | 700.00 mil. GBP |
| -18.73 % | -1.86 % |
World Liberty Financial
WLFI
|
0.05967669 GBP | 1.00 bil. GBP |
| -14.24 % | -3.48 % |
Function FBTC
FBTC
|
56,773 GBP | 623.00 mil. GBP |
| -13.33 % | -2.9 % |
Jupiter Perpetuals Liquidity Provider Token
JLP
|
2.97 GBP | 1.00 bil. GBP |
| -9.12 % | -1.53 % |
Algorand
ALGO
|
0.08137717 GBP | 724.00 mil. GBP |
| -8.16 % | 5.85 % |
Bittensor
TAO
|
206 GBP | 1.00 bil. GBP |
| -7.23 % | 0.83 % |
.png "POL (ex-MATIC)")
POL (ex-MATIC)
POL
|
0.06395614 GBP | 679.00 mil. GBP |
| -3.8 % | -0.07 % |
Stellar
XLM
|
0.11560459 GBP | 3.00 bil. GBP |
| -2.88 % | -0.03 % |
Ethereum Classic
ETC
|
6.34 GBP | 990.00 mil. GBP |
| -2.52 % | -0.33 % |
Pi Network
PI
|
0.1246436 GBP | 1.00 bil. GBP |
| -0.54 % | -1.23 % |
Bitcoin Cash
BCH
|
326 GBP | 6.00 bil. GBP |
| -0.38 % | -1.39 % |
Currency One USD
C1USD
|
0.74063309 GBP | 1.00 bil. GBP |
| -0.18 % | 0.08 % |
Dai
DAI
|
0.74306936 GBP | 3.00 bil. GBP |
| -0.13 % | 0.43 % |
Maal Chain
MAAL
|
0.06136974 GBP | 613.00 mil. GBP |
| -0.05 % | 0 % |
USD1
USD1
|
0.74279511 GBP | 3.00 bil. GBP |
| -0.04 % | 0.06 % |
Falcon USD
USDF
|
0.7419471 GBP | 1.00 bil. GBP |
| -0.04 % | 0 % |
Ondo US Dollar Yield
USDY
|
0.83983634 GBP | 989.00 mil. GBP |
| -0.02 % | 0 % |
USDC
USDC
|
0.7431303 GBP | 58.00 bil. GBP |
| -0.01 % | -0 % |
USDS
USDS
|
0.74305375 GBP | 8.00 bil. GBP |
| -0.01 % | 0 % |
Circle USYC
USYC
|
0.83240416 GBP | 1.00 bil. GBP |
| -0.01 % | 0 % |
Ripple USD
RLUSD
|
0.74320982 GBP | 1.00 bil. GBP |
| -0.01 % | 0.01 % |
Global Dollar
USDG
|
0.74317935 GBP | 1.00 bil. GBP |
| -0 % | 0.01 % |
PayPal USD
PYUSD
|
0.74321651 GBP | 2.00 bil. GBP |
