The cryptocurrency market is known for its volatility, and over the past week, a number of coins have experienced significant declines.
Its important to mention that all information is according to data from CoinMarketCap at the time of writing.
Here are some of the biggest losers during this period:
Mantra (OM)
Current Price: $0.5498
7-Day Change: -78.23%
24-Hour Change: -10.39%
1-Hour Change: -0.33%
Mantra has seen a sharp drop this week, with a 78.23% decline over the past 7 days. Despite a modest 0.33% decrease in the past hour, its significant plunge stands out as one of the most considerable losses among major cryptocurrencies.
Movement (MOVE)
Current Price: $0.2180
7-Day Change: -31.28%
24-Hour Change: -7.97%
1-Hour Change: -0.66%
Movement (MOVE) has also seen significant losses, dropping by over 31% in the past week. Its 24-hour drop of nearly 8% is a clear indicator of its volatile market activity.
AB (AB)
Current Price: $0.01086
7-Day Change: -17.08%
24-Hour Change: -4.31%
1-Hour Change: -0.34%
AB coin has faced a consistent downward trend over the past 7 days, with a 17.08% decrease, signaling challenges in maintaining value during the last week.
Onyxcoin (XCN)
Current Price: $0.01732
7-Day Change: -16.28%
24-Hour Change: -5.88%
1-Hour Change: +0.22%
Onyxcoin saw a significant dip of 16.28% over the past week. However, it’s showing a small recovery in the past hour (+0.22%), although its weekly losses remain substantial.
Pi (PI)
Current Price: $0.6348
7-Day Change: -15.52%
24-Hour Change: -2.12%
1-Hour Change: +1.01%
Pi has experienced a 15.52% drop over the week. Despite this, it has seen a slight recovery in the past hour with a 1.01% gain.
JasmyCoin (JASMY)
Current Price: $0.01456
7-Day Change: -15.44%
24-Hour Change: +2.19%
1-Hour Change: +0.33%
JasmyCoin has endured a tough week, losing over 15%. However, it has managed to gain a small 2.19% in the past 24 hours, showing some signs of recovery.
Walrus (WAL)
Current Price: $0.4103
7-Day Change: -14.83%
24-Hour Change: -3.74%
1-Hour Change: -0.71%
Walrus has taken a significant hit, dropping by almost 15% over the past week, with a 3.74% decrease in the last 24 hours.
Ethena (ENA)
Current Price: $0.2845
7-Day Change: -13.71%
24-Hour Change: -0.73%
1-Hour Change: +0.68%
Ethena has dropped by 13.71% over the past week, but it has experienced a slight recovery in the past hour, gaining 0.68%.
Theta Network (THETA)
Current Price: $0.6511
7-Day Change: -12.58%
24-Hour Change: -3.32%
1-Hour Change: -0.01%
Theta Network rounds out the list with a 12.58% decline over the last week. Despite a slight loss in the last hour, Theta’s 24-hour drop of 3.32% further highlights its downward trend.
These cryptocurrencies are part of the list of top coins that have struggled in the past 7 days, underlining the unpredictable nature of the market. Investors will want to stay cautious and keep a close eye on market trends before making any major decisions.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/biggest-crypto-losers-in-the-past-7-days/