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
|
1,706 GBP | 1.00 bil. GBP |
| -24.97 % | -3.74 % |
WETH
WETH
|
1,706 GBP | 3.00 bil. GBP |
| -24.29 % | -3.45 % |
Rocket Pool ETH
RETH
|
1,979 GBP | 709.00 mil. GBP |
| -14.24 % | -3.48 % |
Function FBTC
FBTC
|
57,556 GBP | 631.00 mil. GBP |
| -13.33 % | -2.9 % |
Jupiter Perpetuals Liquidity Provider Token
JLP
|
3.01 GBP | 1.00 bil. GBP |
| -11.15 % | 1.5 % |
Pi Network
PI
|
0.14800631 GBP | 1.00 bil. GBP |
| -10.37 % | 2.24 % |
Midnight
NIGHT
|
0.03849437 GBP | 638.00 mil. GBP |
| -3.05 % | -2.09 % |
Morpho
MORPHO
|
1.41 GBP | 774.00 mil. GBP |
| -2.47 % | 0.08 % |
PAX Gold
PAXG
|
3,768 GBP | 1.00 bil. GBP |
| -2.32 % | 0.15 % |
Tether Gold
XAUT
|
3,746 GBP | 2.00 bil. GBP |
| -2.05 % | -0.07 % |
Figure Heloc
FIGR_HELOC
|
0.76627085 GBP | 12.00 bil. GBP |
| -1.89 % | -1.12 % |
Rain
RAIN
|
0.00680104 GBP | 3.00 bil. GBP |
| -1.48 % | 2.07 % |
Toncoin
TON
|
1 GBP | 2.00 bil. GBP |
| -0.63 % | 1.93 % |
Flare
FLR
|
0.00668058 GBP | 569.00 mil. GBP |
| -0.61 % | 0.72 % |
Spiko EU T-Bills Money Market Fund
EUTBL
|
0.91168902 GBP | 740.00 mil. GBP |
| -0.38 % | -1.39 % |
Currency One USD
C1USD
|
0.75084146 GBP | 1.00 bil. GBP |
| -0.17 % | 0.06 % |
LEO Token
LEO
|
6.83 GBP | 6.00 bil. GBP |
| -0.13 % | 0.43 % |
Maal Chain
MAAL
|
0.06221562 GBP | 622.00 mil. GBP |
| -0.05 % | 0.02 % |
JUSD
JUSD
|
0.75277861 GBP | 37.00 bil. GBP |
| -0.04 % | -0.03 % |
USD1
USD1
|
0.75286526 GBP | 3.00 bil. GBP |
| -0.02 % | -0.03 % |
Global Dollar
USDG
|
0.75331809 GBP | 1.00 bil. GBP |
| -0.02 % | -0.03 % |
USDtb
USDTB
|
0.75293458 GBP | 629.00 mil. GBP |
| -0.01 % | -0.01 % |
USDC
USDC
|
0.75342282 GBP | 59.00 bil. GBP |
