Exploring The Worst Performing Cryptocurrencies of The Week ๐
Before diving into the current rally, letโs take a look at the cryptocurrencies that are struggling the most amid recent market turbulence. Here are the five worst performing cryptocurrencies of the week:
ORDI ๐ข
Letโs start with ORDI, which is currently in a bull market but facing sideways trading patterns. Here are some key points about ORDI:
โ Price: $43.20
โ Market capitalization: $907,116,773
โ Trading volume: $206,238,422
โ 7-day loss: 45.89%
Ethena ๐
Next up is Ethena, experiencing a bull market but moving towards previous lows. Here are some details about Ethena:
โ Price: $0.9238
โ Market capitalization: $13.856.875.616
โ Trading volume: $599,359,061
โ 7-day loss percentage: 40.89%
THORChain ๐
THORChain is another cryptocurrency that has seen a drop in performance. Hereโs what you need to know about THORChain:
โ Current price: $4.50
โ Market capitalization: $1,862,568,859
โ Trading volume: $429,342,333
โ 7-day loss: 40.48%
T Bittensor ๐
Now, letโs take a look at T Bittensor, which has been struggling despite being in a bull market. Hereโs a quick overview of TAO:
โ Current price: $437.01
โ Market capitalization: $9,177,252,796
โ Trading volume: $43,849,399
โ 7-day loss: 33.10%
Bonk ๐
Lastly, we have Bonk, facing challenges below the moving average lines. Hereโs a summary of Bonkโs performance:
โ Price: $0.00001432
โ Market capitalization: $1.34B
โ Trading volume: $107.97M
โ 7-day loss: 32.04%
Hot Take: Analyzing The Market Trends ๐
As you can see, these cryptocurrencies have faced significant losses in the past week. Itโs essential to stay updated on market trends and make informed decisions when it comes to your investments. Keep an eye on these struggling assets and monitor how they perform in the coming days. Stay informed and make strategic choices to navigate the volatile crypto market successfully.
Cabel Dioli emerges as a luminary seamlessly blending the roles of crypto analyst, dedicated researcher, and editorial artisan. Within the dynamic expanse of digital currencies, Cabel’s insights resound like finely tuned notes, reaching minds with diverse inquisitiveness. His mastery in unraveling intricate threads of crypto intricacies harmonizes effortlessly with his editorial finesse, transforming complexity into a captivating symphony of comprehension.