The Top 5 Losers in the Crypto Market for July
In July, the crypto market experienced significant fluctuations, resulting in some assets facing major challenges and losses. The top 5 losers among the top 100 assets are:
- Fantom (FTM): The price of FTM plummeted by 22.22% in the last 30 days, struggling to maintain a stable trajectory.
- Rocket Pool (RPL): RPL witnessed a 30-day decline of 22.10%, experiencing losses across all recorded timeframes.
- Pepe (PEPE): PEPE lost 19.15% of its value over the past 30 days, despite a whale accumulation pattern observed.
- Apecoin (APE): APE faced challenges in its 30-day performance, losing 16.43% of its value since July.
- Bitcoin Cash (BCH): Despite a significant increase leading to July 4, BCH experienced a 30-day decline of 12.88%.
These tokens also saw a significant drop in social volume since June 10, contributing to their poor performance as investor interest declined.
Your Takeaway
The crypto market has been volatile, and some tokens have faced substantial losses in July. It’s important to closely monitor the performance of cryptocurrencies and consider various factors before making investment decisions.
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