Avalanche, SpookySwap, SushiSwap Down This Week

Worst Avalanche Tokens This Week: The tokens in the Avalanche chain have fallen this week as the market continues to be bearish, even towards the end of the year. Major coins in the chain have slipped, thus, trading in red in the last 7 days.

Tether is neither at a gain nor loss.

As of writing, Ren has dipped by 18.21% this week. Anyswap is down by 3.74%. Frax has dropped by 0.50%. Bifrost slashes by 12.24%.

The market cap of Avalanche chain is 82.769 billion USD. Trading volume has seen a jump of 38.08%. 

Here is a list of 3 worst performing tokens in Avalanche Chain this week:

Avalanche (AVAX)

Avalanche token has plunged by 10.78% in the last 7 days, with a drop of 5.01% in the last 24 hours. The market cap stands at 3.529 billion USD. Trading volume has seen a jump of 45.08%. Each AVAX token is selling at 12.81 USD.

Source: coinmarketcap

SpookySwap (BOO)

SpookySwap has fallen downwards by 6.64% this week. It has been down by 3.21% in the past day. The market cap stands at 12.011 million USD. Trading volume is soaring by 802.01%. Each token is selling for 1.32 USD.

Source: coinmarketcap

SushiSwap (SUSHI)

SushiSwap is the worst performing token in the chain with a plunge of 19.32% in the past 7 days. It is down by 4.49% in the last 24 hours. The market cap is currently at 248.412 million USD. Each coin is costing 1.12 USD, as of now. Trading volume has seen a boost of 135.73%.

Source: coinmarketcap

Conclusion

The bear market seems to continue as all the big coins in the crypto market have been painting red charts. Thus, the reaction of coins in Avalanche chain is also negative.

Shourya is a crypto fanatic who has developed interest in Business Journalism in the past few years. Currently, working as a writer with Coingape, Shourya is also an avid reader. Apart from writing, you can find her attending poetry shows, exploring cafes and watching cricket. As she says, “dogs are my home,” her first rescue of a dog was at the age of 7! She has constantly been speaking up for mental health and the rainbow pride.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.