Top 5 Biggest Crypto Losers This Week

Altcoins

The cryptocurrency market has seen heavy selling pressure over the past seven days, with several major altcoins posting steep declines.

Despite some intraday recoveries, the weekly charts reveal a sharp downturn for multiple tokens, as investors reassess risk amid broader market volatility.

1. Fartcoin (FARTCOIN)

Leading the losses, Fartcoin has dropped by almost 33% this week. Even with a slight 1-hour uptick, the token’s performance reflects a rapid shift in sentiment, pushing its market cap below the $1 billion mark.

2. Bonk (BONK)

The popular meme coin Bonk has shed nearly 29% over the past seven days. While short-term price movements have been relatively stable, selling pressure has dominated the weekly trend, weighing on its $2.04 billion market capitalization.

3. Virtuals Protocol (VIRTUAL)

Virtuals Protocol recorded a 25.62% decline this week, adding to a string of recent pullbacks. Despite a robust project outlook, the market’s current risk-off environment has put significant downward pressure on the token.

4. SPX6900 (SPX)

SPX6900 fell by 25.11% over the week, making it one of the most heavily impacted altcoins. The token has struggled to attract fresh buying support, with trading volume remaining subdued compared to its earlier peaks.

5. Pudgy Penguins (PENGU)

Despite showing slight hourly and daily gains, Pudgy Penguins remains down by over 23% for the week. The NFT-linked token’s large-cap status has done little to shield it from the broader market downturn.

This week’s steep declines underline the fragility of current market sentiment, with speculative assets bearing the brunt of the sell-off. Traders are now watching for signs of consolidation or a potential reversal as the market enters a more cautious phase.

The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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Editorial Team

Reporter at Coindoo