The cryptocurrency market is thought for its volatility, and this week of September 2024 has been no completely different. On this article, we’re highlighting the highest 5 crypto losers of the primary week of September. Primarily based on information from TradingView, these tokens noticed vital declines, making them the most important underperformers of the week.
TOP 5 Crypto Losers For This Week: September 2024
1. Toncoin (TON)
Toncoin (TON) takes the highest spot on our crypto losers record, with a major 13.97% drop in its weekly efficiency. TON is presently buying and selling at $4.61, with a market cap of $11.676 billion and a circulation provide of two.533 billion. This sharp decline has caught the eye of many traders, marking it because the worst-performing cryptocurrency of the week.
2. Close to Protocol (NEAR)
Following carefully behind is Close to Protocol (NEAR), which skilled an 11.89% drop in its value over the previous week. NEAR is presently buying and selling at $3.62, with a market cap of $4.065 billion and a circulation provide of 1.123 billion. This notable dip has positioned NEAR firmly within the highlight for its underperformance.
3. Chainlink (LINK)
Chainlink (LINK) has additionally made it to our prime 5 crypto losers record, with a weekly efficiency drop of 10.35%. In the intervening time, LINK is buying and selling at $9.95, with a market cap of $6.051 billion and a circulation provide of 608.1 million. Regardless of its sturdy fundamentals, Chainlink has confronted a tricky week, leaving many traders on edge.
4. Ethereum (ETH)
Even the second-largest cryptocurrency by market cap, Ethereum (ETH), couldn’t escape this week’s market downturn. ETH noticed its value drop by 9.53%, now buying and selling at $2,283. With a market cap of $274.719 billion and a circulation provide of 120.319 million, Ethereum’s decline is among the most stunning actions of the week.
5. Bitcoin (BTC)
Rounding out the record is Bitcoin (BTC), the king of cryptocurrencies, which skilled a 7.97% drop in its value. Bitcoin is now buying and selling at $54,365, with a market cap of $1.074 trillion and a circulation provide of 19.751 million. Whereas BTC is not any stranger to fluctuations, this week’s efficiency is a major dip for the market chief.
The info is correct on the time of writing, based mostly on the primary week of September 2024. These cryptos have confronted powerful challenges available in the market, making them the highest 5 crypto losers of the week.
