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
|
1,675 GBP | 1.00 bil. GBP |
| -24.97 % | -3.74 % |
WETH
WETH
|
1,675 GBP | 3.00 bil. GBP |
| -24.29 % | -3.45 % |
Rocket Pool ETH
RETH
|
1,943 GBP | 697.00 mil. GBP |
| -14.24 % | -3.48 % |
Function FBTC
FBTC
|
56,513 GBP | 620.00 mil. GBP |
| -13.33 % | -2.9 % |
Jupiter Perpetuals Liquidity Provider Token
JLP
|
2.96 GBP | 1.00 bil. GBP |
| -9.98 % | -1.46 % |
Zcash
ZEC
|
248 GBP | 4.00 bil. GBP |
| -7.64 % | -2.25 % |
Rain
RAIN
|
0.00560747 GBP | 2.00 bil. GBP |
| -6.72 % | -0.28 % |
Render
RENDER
|
1.38 GBP | 715.00 mil. GBP |
| -2.58 % | 1.52 % |
Quant
QNT
|
56.75 GBP | 825.00 mil. GBP |
| -1.9 % | 1 % |
Mantle
MNT
|
0.50374779 GBP | 1.00 bil. GBP |
| -0.68 % | 0.64 % |
Bitget Token
BGB
|
1.41 GBP | 991.00 mil. GBP |
| -0.38 % | -1.39 % |
Currency One USD
C1USD
|
0.73723594 GBP | 1.00 bil. GBP |
| -0.35 % | -0.78 % |
World Liberty Financial
WLFI
|
0.05995782 GBP | 1.00 bil. GBP |
| -0.13 % | 0.43 % |
Maal Chain
MAAL
|
0.06108825 GBP | 610.00 mil. GBP |
| -0.13 % | 1.74 % |
Sky
SKY
|
0.0577776 GBP | 1.00 bil. GBP |
| -0.06 % | -0.05 % |
Dai
DAI
|
0.73933922 GBP | 3.00 bil. GBP |
| -0.03 % | -0.02 % |
Global Dollar
USDG
|
0.73962183 GBP | 1.00 bil. GBP |
| -0.03 % | -0.01 % |
PayPal USD
PYUSD
|
0.73970691 GBP | 3.00 bil. GBP |
| -0.01 % | 0.02 % |
Ripple USD
RLUSD
|
0.739809 GBP | 1.00 bil. GBP |
| -0.01 % | -0 % |
USDS
USDS
|
0.73966326 GBP | 8.00 bil. GBP |
