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List of Top 100 Cryptocurrencies With the Highest 24 Hours Price Decline than Bitcoin’s 9.1% 

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Some cryptocurrencies in the top 100 rankings have suffered more losses than Bitcoin and Ethereum in the last 24 hours. 

Cryptocurrency investors were dealt a heavy blow yesterday, which saw nearly 8% wiped from the total market valuation, thus plunging the total cryptocurrency market capitalization to $1.74 trillion.

Aside from stablecoins, the top 100 cryptocurrencies were not spared, with some digital currencies recording major losses compared to others.

While Bitcoin, the world’s largest cryptocurrency by market capitalization, is down by 9.1% in the last 24 hours, Ethereum has dipped 8.2% within this time.

List of Top 100 Cryptocurrencies With Over 16% Dip

The losses recorded by the two-largest cryptocurrencies are nothing compared to the devastating plunge of some cryptocurrencies in the top 100 global cryptocurrency rankings.

A quick research on the performance of the top 100 cryptocurrencies shows that some coins have suffered at least 16% losses in the last 24 hours.

According to data on cryptocurrency aggregator data platform Coingecko, the digital currencies that have shredded over 16% of their value in the last 24 hours include ApeCoin (APE), Axie Infinity (AXS), Fantom (FTM), STEPN (GMT), Waves (WAVES), and Zilliqa (ZIL).

Recall that two days ago Elon Musk, the CEO and founder of American electric car company Tesla changed his Twitter profile picture to Bored Ape Yacht Club (BAYC) collage, thus prompting the price of ApeCoin to soar over 15%.

However, the fuss around the token started to decline slightly with things going from bad to worse after the price of Bitcoin crashed yesterday. In the hours leading up to press time, APE is down 16.2% in the past 24 hours.

In the same vein, AXS does not seem to have recovered from the over $600 million Ronin attack, as the price of the play-to-earn game digital currency is down 17.4%. Fantom, Waves, and Zilliqa are down 16.7%, 17.5%, and 17.5%, respectively, in the last 24 hours.

Meanwhile, STEPN recorded the major loss among the top 100 cryptocurrencies by market capitalization, as data on Coingecko shows that the coin is down heavily by 25.3% in the last 24 hours.

GMT’s massive dip comes after pseudonymous analyst Light warned his 155,700 followers that the token’s fundamentals no longer support its price.

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Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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