MultiversX Tracker is Live!

Which coins have really suffered the highest losses? Let's take a look at the top 50.

All Cryptocurrencies

by COINS NEWS 324 Views

Which coins have really suffered the highest losses? Let's take a look at the top 50.

Edit: By "Top 50" I meant top 50 coins by market cap, not top 50 coins with the highest losses. Thanks to those that pointed out this ambiguity.

After seeing several articles claiming that meme coins are the "biggest losers" of the recent market crash, I looked at the top 50 coins (by market cap) to see which ones really suffered the greatest losses from 2021 highs. Below is the data. Coins marked with an asterisk (*) are ones that did not set a new ATH in 2021.

Honorable mention: Safemoon, at rank 54, is down 74% from its ATH.

So what does this tell us? Let's take a look at the best and worst performing coins in this timeframe.

The 10 best performing coins/tokens (excluding stablecoins, compound tokens) out of the top 50 are:

  • LEO: -26%
  • CEL: -31%
  • ALGO: -50% (the sub is gonna love this one hahaha)
  • SOL: -50%
  • ADA: -50%
  • BTC/WBTC: -51%
  • BNB: -54%
  • COMP: -55%
  • ETH: -56%
  • CRO: -58%

Aside from a few outliers, these are serious projects that are highly regarded in this sub.

The 10 worst performing coins/tokens out of the top 50 are:

  • ICP: -95%
  • SHIB: -82%
  • AVAX: -81%
  • FIL: -80%
  • KLAY: -79%
  • VET: -75%
  • OKB: -75%
  • DOGE: -74%
  • EOS*: -74%
  • BSV: -74%
  • (SAFEMOON: -74%)

This is a bit of a mixed basket. There are definitely some meme coins., as well as some coins that were obvious PnD vehicles during the bull run. There are also some serious projects in this list, too (poor VeChain).

In an effort to keep this as objective as possible, I'm not going to analyze these results or attempt to draw any conclusions from them. I just wanted to throw some facts in the ring with all the FUD-fueled articles that seem to dominate the front page.

submitted by /u/tfren99
[link] [comments]

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments