Bitcoin Crash: Top Crypto Losers Other Than Bitcoin

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Bit­coin has once again dropped mas­sive­ly with­in a short peri­od. At the time of writ­ing this, the Bit­coin price is sit­ting at $35,302.10. In the last sev­en days, the BTC price has decreased by almost ‑18%. The Bit­coin crash could actu­al­ly turn into a bear mar­ket. This post is all about the top cryp­to losers oth­er than Bitcoin.

Top Crypto Losers

BTC/USD Week­ly chart – Trad­ingView

5.Top Crypto Losers: Curve DAO Token (CRV) ‑44.3%

Top Crypto Losers

CRV/USD Week­ly chart – Trad­ingView

Curve is a DEX for sta­ble­coins, func­tion­ing in an AMM envi­ron­ment. Accord­ing to its web­site, Curve is a decen­tral­ized plat­form for sta­ble­coins that employs an auto­mat­ed mar­ket mak­er (AMM) to sus­tain liq­uid­i­ty. In the last 7 days, the CRV price has decreased by almost ‑44.3%. 

4.Top Crypto Losers: Loopring (LRC) ‑44.7%

Top Crypto Losers

LRC/USD Week­ly chart – Trad­ingView

Loopring is a Lay­er 2 scal­ing solu­tion for the Ethereum net­work that under­lines payment/transfer capa­bil­i­ty and decen­tral­ized exchange (DEX). LRC is the local token. The team has designed zkRollups, which is employed to man­age Loopring exchange. In the last 7 days, the LRC price has decreased by almost ‑44.7%. 

3.Top Crypto Losers: Frax Share (FXS) ‑45.8%

Top Crypto Losers

FXS/USDT Week­ly chart – Trad­ingView

This is the gov­er­nance token for the Frax pro­to­col. It is not a sta­ble­coin. This implies that it is volatile like oth­er cryp­tocur­ren­cies. Also, it is an ERC-20 token, indi­cat­ing that it is con­sis­tent with most Ethereum-based wal­lets. FRAX pro­to­col is a unique pro­to­col that incor­po­rates a col­lat­er­al­ized and algo­rith­mic sys­tem. In the last sev­en days, the FXS price has decreased by almost ‑45.8%.

2.Top Crypto Losers: Spell Token (SPELL) ‑46.3%

Top Crypto Losers

SPELL/USD Week­ly chart – Trad­ingView

SPELL is the gov­er­nance and util­i­ty token. It is built by Abra­cadabra Mon­ey. Abra­cadabra mon­ey is an agree­ment to acquire a sta­ble­coin named MIM with the cred­it rela­tion assets. In the last 7 days, the SPELL price has decreased by almost ‑46.3%. 

1.Top Crypto Losers: Pocket Network (POKT) ‑53.7%

Top Crypto Losers

POKT/USDT Week­ly chart – Trad­ingView

Accord­ing to its web­site, Pock­et Net­work is a blockchain-based Web3 resources provider, that wants to fix this con­straint by deliv­er­ing a no-com­pro­mis­es API pro­to­col for DApps. In the last 7 days, the POKT price has decreased by almost ‑53.7%. 


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