Biggest Crypto Losers From Top 100 Today

With digital assets fluctuating across the board, several tokens from the top 100 have seen significant drops in price.

Its important to mention that all data is according to information from CoinMarketCap at the time of writing.

Heres a closer look at the biggest losers from the top 100 in the crypto market:

1. Jito (JTO)

Price: $1.72
24h Loss: -9.70%
7d Loss: -18.61%
Market Cap: $541,144,368
24h Volume: $39,463,025

Jito takes the top spot with a substantial drop of nearly 10% in the last 24 hours and more than 18% over the past week. Despite a solid market cap, this significant loss shows just how volatile Jitos value has been recently.

2. Immutable (IMX)

Price: $0.4293
24h Loss: -7.20%
7d Loss: -23.10%
Market Cap: $769,761,402
24h Volume: $46,695,105

Immutable is another major loser, with a steep 7% drop in just the last 24 hours. Its week-long performance has been even worse, with a 23% decline in value. Investors are undoubtedly feeling the pressure as the token struggles in todays market.

3. Curve DAO Token (CRV)

Price: $0.4791
24h Loss: -6.12%
7d Loss: -1.74%
Market Cap: $628,120,597
24h Volume: $139,943,612

Curve DAO Token follows closely with a 6% drop in the last 24 hours. Although its 7-day loss is minimal, the short-term decline reflects the challenges faced by this DeFi token in the ongoing market conditions.

4. Zcash (ZEC)

Price: $37.60
24h Loss: -6.03%
7d Gain: +4.35%
Market Cap: $597,349,404
24h Volume: $73,097,835

Zcash has seen a decline of just over 6% today. However, despite the short-term drop, Zcash has experienced a 4% increase over the past week, signaling that its overall trend might still be positive in the longer term.

5. EOS (EOS)

Price: $0.7718
24h Loss: -5.69%
7d Loss: -39.50%
Market Cap: $1,201,796,535
24h Volume: $316,074,265

EOS, with a significant loss of 39% over the past week, has taken a substantial hit. Todays decline of nearly 6% further adds to its recent downward spiral. Investors are increasingly concerned about EOSs ability to recover its previous momentum.

6. Algorand (ALGO)

Price: $0.1817
24h Loss: -5.12%
7d Loss: -1.62%
Market Cap: $1,555,767,883
24h Volume: $81,018,308

Algorand is also struggling today with a 5% drop in the last 24 hours. Despite its slight 1.62% loss over the past week, the daily decline has caused concern among investors.

7. Toncoin (TON)

Price: $3.23
24h Loss: -5.03%
7d Loss: -12.41%
Market Cap: $7,992,604,448
24h Volume: $159,783,544

Toncoin faces a tough day with a 5% loss. The past week has not been much better, showing a drop of over 12%, signaling a weak sentiment towards this token.

8. Polkadot (DOT)

Price: $3.91
24h Loss: -4.72%
7d Loss: -4.20%
Market Cap: $6,123,126,149
24h Volume: $131,425,241

Polkadot continues to struggle with a slight decline of 4.72% in the last 24 hours. While the weekly loss is also hovering around 4%, the tokens strong market cap reflects its overall potential.

9. Nexo (NEXO)

Price: $1.04
24h Loss: -4.69%
7d Loss: -3.56%
Market Cap: $673,492,690
24h Volume: $9,436,826

Nexo, despite its relatively smaller market cap, has also experienced a notable loss of nearly 5% in the last 24 hours, reflecting the overall trend of a downward spiral for many cryptos today.

Conclusion

Today, several cryptocurrencies from the top 100 list are facing steep declines, with the biggest losers being Jito (JTO), Immutable (IMX), and Curve DAO Token (CRV). Although short-term price drops are common in the crypto space, investors should stay cautious and monitor the market carefully as these assets navigate the volatile landscape.

The post Biggest Crypto Losers From Top 100 Today appeared first on Coindoo.

Text source: Coindoo

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