Top Crypto Losers of the Week Following the Crypto Summit: Dogecoin, Cardano, and Solana

The recent White House Crypto Summit, led by President Donald Trump, has significantly impacted the cryptocurrency market. While some digital assets experienced gains, others faced notable declines. This article examines the top three altcoins that emerged as the top crypto losers of the week, analyzing their current performance and future price predictions.​

#1 Top Crypto Loser: Dogecoin (DOGE)

Dogecoin's price has been going downward, reaching a four-month low. As of March 9, 2025, DOGE is trading at approximately $0.1715, marking an 11.58% decrease from the previous day. Technical analysis indicates that DOGE is nearing a support level at $0.1750. If this support fails, the price could decline further to the $0.15-$0.17 range. However, some analysts remain optimistic, suggesting that maintaining support at the current level could trigger a rebound toward $2.74.

#2 Top Crypto Loser: Cardano (ADA)

Cardano has experienced a significant drop in trading volume, plummeting by 59% amid ongoing market uncertainty. The price of ADA has fallen to $0.776, extending its decline for the fourth consecutive day. The initial surge following President Trump's announcement of a strategic crypto reserve, which included ADA, has been overshadowed by subsequent market corrections. The fading hopes of ADA's inclusion in the reserve have contributed to its recent downturn. ADA may test the support level at $0.687 if the current trend continues.

#3 Top Crypto Loser: Solana (SOL)

Solana's price has also been affected in the aftermath of the crypto summit. Despite being mentioned as part of the proposed strategic crypto reserve, SOL's price experienced a brief surge followed by a decline. The lack of concrete details regarding the reserve's implementation has led to market skepticism, resulting in price volatility for SOL. Investors are advised to monitor official announcements closely, as future developments could influence SOL's price trajectory.​

The recent White House Crypto Summit has introduced both opportunities and challenges for the cryptocurrency market. Dogecoin, Cardano, and Solana have faced significant losses this week, influenced by market reactions to policy announcements and prevailing uncertainties. Investors should exercise caution and stay informed about regulatory developments that could impact these digital assets' future performance.​