Top Crypto Losers For This Week

The last week of March has come to an end with the tag of one of the best-performing weeks for this year. Bitcoin has gained support near the $70,000 mark, whereas Ethereum has support near the $35k. It leads to the question of who will be the top crypto losers for the week despite the bullish market situation.

This week the crypto market has maintained an extreme greed zone with a fear and greed index of 80. The market capitalization is also up by 0.30%, totaling $2.66 Trillion.

What Are The Crypto Losers For This Week?

According to the CoinmarketCap data, the week is ending with the top crypto losers, including KuCoin, Bittensor, Fantom, Worldcoin, and Kaspa. Let’s look at their performances one by one.

KuCoin Token (KCS)

With the ongoing legal issues with the KuCoin exchange, its native token, KCS, went through a major dip of 22% this week. KCS comes first in the list of crypto losers this week. The token’s price has dropped to the lowest of the week at $10.68. The market cap of the token is also down by 8%, with a current value of $1,050,558,550. But in contrast, the trading volume has surged to $7,556,506 after a 92% hike.

Also Read: KuCoin Teases Another Major Airdrop As Users Queue To Claim $10M Rewards

Bittensor (TAO)

Bittensor (TAO) is ranked 44th on the CoinmarketCap with a current value of $3,178,010,133 after facing a loss of 7%. It is currently trading at $487.97 after a 16% drop this week.

Earlier, TAO was close to hitting its all-time high goal of $759.61, but the price fell after reaching the best of $730.21. This month, the token has made two peaks near the all-time high, and maybe a third one might form in the next few days as the trading volume of TAO is up by 213%, pushing the value to $100,444,893.

Fantom (FTM)

Earlier, Fantom reached a two-year best price of $1.1378 before falling to the current value of $0.9508. Its market cap has also faced a downfall, leading to today’s value at $2,665,685,438 after a 3.5% dip.

It comes to this point after the trading volume of the FTM has dropped to $173,285,308 after facing a dip of $10.23%.

Worldcoin (WLD)

Worldcoin has created a new all-time high of $11.82 at the start of March following a downtrend. Its current value is $8.29, almost 30% lower than the ATH. Despite the continuous discussion about AI, the worldcoin has faced issues to rise and is noted down among the crypto losers list for now.

However, as of today, the crypto is trying to make an uptrend as the market cap has surged by 1.06%, bringing the value to $1,369,816,446. The trading volume is also up by 12%, pushing the value to $327,320,737.

Kaspa (KAS)

Kaspa (KAS) has been bullish through the three months of 2024. It surged to an all-time high of $0.1894 by the end of February. The ATH record was followed by a downtrend where the value dropped by 28% compared to that.

At the time of writing, it is trading at $0.1353 after facing a 5% drop in a week. Its market cap is also down by 1.22%, where the value is $3,134,568,146. In contrast to these losses, the trading volume is up by 15%, pushing the value to $57,287,261.

Conclusion

Various cryptocurrencies marked their new all-time high values this month, which includes Bitcoin and many other altcoins. Contrary to that, a few lost their previous gains. This week has marked the top crypto losers, including the KuCoin exchange native token.

The post Top Crypto Losers For This Week appeared first on CoinGape.

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