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 |
|---|---|---|---|---|
| -20.35 % | -12.8 % |
Zcash
ZEC
|
312 GBP | 5.00 bil. GBP |
| -15.94 % | 3.14 % |
Canton
CC
|
0.10202786 GBP | 3.00 bil. GBP |
| -12.62 % | -4.72 % |
Midnight
NIGHT
|
0.05606862 GBP | 931.00 mil. GBP |
| -5.77 % | -0.06 % |
LEO Token
LEO
|
6.69 GBP | 6.00 bil. GBP |
| -4.43 % | -5.32 % |
Uniswap
UNI
|
4.05 GBP | 2.00 bil. GBP |
| -3.62 % | -2.72 % |
XDC Network
XDC
|
0.03658767 GBP | 698.00 mil. GBP |
| -2.13 % | -6.57 % |
Sky
SKY
|
0.04316901 GBP | 992.00 mil. GBP |
| -1.09 % | -1.24 % |
WhiteBIT Coin
WBT
|
41.64 GBP | 8.00 bil. GBP |
| -0.65 % | -1.5 % |
Gate
GT
|
7.59 GBP | 891.00 mil. GBP |
| -0.38 % | -1.39 % |
Currency One USD
C1USD
|
0.74107853 GBP | 1.00 bil. GBP |
| -0.16 % | -1.79 % |
OKB
OKB
|
81.72 GBP | 1.00 bil. GBP |
| -0.13 % | 0.43 % |
Maal Chain
MAAL
|
0.06140665 GBP | 614.00 mil. GBP |
| -0.09 % | -0.1 % |
Falcon USD
USDF
|
0.74033859 GBP | 1.00 bil. GBP |
| -0.09 % | -0.03 % |
USD1
USD1
|
0.74318087 GBP | 2.00 bil. GBP |
| -0.07 % | -0.1 % |
Dai
DAI
|
0.74246621 GBP | 3.00 bil. GBP |
| -0.04 % | 0.06 % |
USDtb
USDTB
|
0.74315708 GBP | 628.00 mil. GBP |
| -0.02 % | 0.01 % |
PayPal USD
PYUSD
|
0.74356163 GBP | 2.00 bil. GBP |
| -0.01 % | -0.03 % |
USDT0
USDT0
|
0.74257851 GBP | 3.00 bil. GBP |
| -0.01 % | 0 % |
USDC
USDC
|
0.7435304 GBP | 55.00 bil. GBP |
| -0 % | 0 % |
USDS
USDS
|
0.74341215 GBP | 7.00 bil. GBP |
| -0 % | 0.01 % |
Global Dollar
USDG
|
0.74346719 GBP | 1.00 bil. GBP |
