Crypto Market Madness: Top 3 Crypto Losers

This article is all about the top 3 crypto losers. The whole cryptocurrency market is displaying bearish momentum. Most cryptos have been observed red by multiple digits. What prompted this crypto crash? In this article, we’ll have a closer look at the top 3 most losing cryptocurrencies. In the last 24 hours, the Bitcoin price has decreased by almost -15.6%. At the time of writing this, the BTC price is sitting at $47,449.38. Let’s take a look at it in more detail.

BTC/USD Daily chart – TradingView

Top 3 Crypto Losers: Celer Network (CELR) -29.2%

CELR/USD Daily chart – TradingView

Celer Network is a layer-2 scaling platform, prioritizing scalability for off-chain transactions. This network strives to perform off-chain reimbursements. When dealing with debts, it’s important to have a method that gives in record events with a great level of security—which is what this technology wishes to reach. In the last 24 hours, the CELR price has decreased by almost -29.05%.

Top 3 Crypto Losers: SKALE (SKL) -29.5%

SKL/USD Daily chart – TradingView

According to its website, SKALE Networks’s protocol enables developers to easily provide extremely configurable blockchains, which give the advantages of decentralization without agreeing on computation, warehouse, or safety. In the last 24 hours, the SKL price has decreased by almost -29.5%.

Top 3 Crypto Losers: Chromia (CHR)-29.9%

CHR/USD Daily chart – TradingView

Chromapolis is developing a blockchain for decentralized applications. In this, blockchain data will be saved in a relational database. The principal aim is to fix the current problems of dApp platforms such as high fees, weak user and developer involvement, and poor defense that eventually hinders the scalability of these platforms. In the last 24 hours, the CHR price has decreased by almost -29.9%.