Polkadot, Chainlink, Kusama Remains The Worst Performer In Polkadot

Worst Polkadot Tokens: The tokens in Polkadot have plunged in the last 7 days. The market continues to be bearish as FED has announced rate hikes.

Ankr drops by 2.89% in the past 7 days, dipping by 2.37% in the last 24 hours. Moonbeam falls by 12.06% in the week and by 4.40% today. Injective is down by 2.41% in the last 7 days as well as 1.89% in the last day.

The market cap for Polkadot stands at 12.523 billion USD, a dip of 19.57% in the trading volume in the last 24 hours.

The 3 Worst Tokens are listed below:

Polkadot (DOT)

With a shrink of 3.76% in the week and a downfall of 0.04% in the last 24 hours, the market cap for Polkadot is currently 6.322 billion USD. Trading volume is down by 28.46%. Each DOT token is selling for 5.23 USD.

Source: coinmarketcap

Chainlink (LINK)

Chainlink dipped by a massive 8.05% this week. It is down by 1.79% as of today. The market cap stands at 3.806 billion USD. Trading volume is also seeing a downfall of 15.44%. LINK coins are selling for 6.53 USD each.

Source: coinmarketcap

Kusama (KSM)

Kusama sinks by 8.75% in the past 7 days but is up by 0.54% in the last 24 hours. The market cap is presently at 266.741 million USD. The trading volume takes a jump of 22.04% compared to the previous day. Each KSM token is costing 26.75 USD.

Source: coinmarketcap

Conclusion

Polkadot tokens have taken a major dip this week. The market might continue to be trading in red in the coming weeks following the rate hike announcement. Nevertheless, we are towards the end of the year, which can be a reason for a boost.

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.