A number of cryptocurrencies among the many high 100 by market cap have confronted heavy losses over the previous seven days, with a number of tokens seeing sharp double-digit declines.
Right here’s a have a look at the 5 worst performers, primarily based on seven-day share drops, as of the newest market knowledge.
MANTRA (OM) has taken the toughest hit, plunging by over 90% in per week. Regardless of a slight uptick of 1.44% previously hour, OM’s collapse has erased a lot of its earlier features. The token presently trades at $0.6376 with a market cap of round $614 million and a 24-hour buying and selling quantity exceeding $336 million.
Onyxcoin (XCN) follows carefully, down by greater than 21% previously week. Its 24-hour and hourly charts present continued weak point, with costs falling to $0.01781. Regardless of some mid-term features, it seems downward momentum stays robust.
Fartcoin (FARTCOIN), regardless of its uncommon title, holds a major market cap of $750 million however has dropped 13.49% this week. Its 24-hour decline of over 18% suggests robust promoting stress, and a sluggish 1-hour efficiency confirms an absence of rebound thus far.
Mantle (MNT), a larger-cap undertaking with over $2.2 billion in market cap, has additionally been dragged down, dropping almost 5% previously week. Whereas the drop isn’t as extreme as others on this record, its giant quantity and modest circulating provide make the dip notable.
Raydium (RAY) is the one token on this record to submit a constructive efficiency over the previous week, gaining 25.56%. Nevertheless, within the 24-hour and hourly frames, it’s trending down, suggesting a possible reversal or profit-taking section.