Top 5 Crypto Losers of the Week: September 2024
You might be shocked to know which tokens made it to the Top 5 Crypto Losers for this first week of September 2024. But here they are...
The cryptocurrency market is known for its volatility, and this week of September 2024 has been no different. In this article, we’re highlighting the top 5 crypto losers of the first week of September. Based on data from TradingView, these tokens saw significant declines, making them the biggest underperformers of the week.
TOP 5 Crypto Losers For This Week: September 2024
1. Toncoin (TON)
Toncoin (TON) takes the top spot on our crypto losers list, with a significant 13.97% drop in its weekly performance. TON is currently trading at $4.61, with a market cap of $11.676 billion and a circulation supply of 2.533 billion. This sharp decline has caught the attention of many investors, marking it as the worst-performing cryptocurrency of the week.
2. Near Protocol (NEAR)
Following closely behind is Near Protocol (NEAR), which experienced an 11.89% drop in its price over the past week. NEAR is currently trading at $3.62, with a market cap of $4.065 billion and a circulation supply of 1.123 billion. This notable dip has placed NEAR firmly in the spotlight for its underperformance.
3. Chainlink (LINK)
Chainlink (LINK) has also made it to our top 5 crypto losers list, with a weekly performance drop of 10.35%. At the moment, LINK is trading at $9.95, with a market cap of $6.051 billion and a circulation supply of 608.1 million. Despite its strong fundamentals, Chainlink has faced a tough week, leaving many investors on edge.
4. Ethereum (ETH)
Even the second-largest cryptocurrency by market cap, Ethereum (ETH), couldn’t escape this week’s market downturn. ETH saw its price drop by 9.53%, now trading at $2,283. With a market cap of $274.719 billion and a circulation supply of 120.319 million, Ethereum’s decline is one of the most surprising movements of the week.
5. Bitcoin (BTC)
Rounding out the list is Bitcoin (BTC), the king of cryptocurrencies, which experienced a 7.97% drop in its price. Bitcoin is now trading at $54,365, with a market cap of $1.074 trillion and a circulation supply of 19.751 million. While BTC is no stranger to fluctuations, this week’s performance is a significant dip for the market leader.
The data is accurate at the time of writing, based on the first week of September 2024. These cryptos have faced tough challenges in the market, making them the top 5 crypto losers of the week.
Rudy Fares
Equity Trader, Financial Consultant, Musician and Blockchain Aficionado. I spend my time doing Technical and Fundamental Analyses for Stocks, Currencies, Commodities and Cryptocurrencies.
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