The crypto market is trying to make a comeback as the market cap has surged to $2.47 Trillion after an increase of 2.4% in just a day. Despite the effort, the trading volume is still down and has decreased almost 18% from yesterday. 

Top cryptocurrencies like Bitcoin, Ethereum, and others aren’t out of the dip as well. Bitcoin price is currently at $64,616 with a 4.6% loss, whereas Ethereum is at $3,368.11 after a 7.6% loss. Glancing at the crypto’s current dips, the market has clearly gone down. Also, the fear and greed index score has lowered from extreme greed to 75 pointers. 

Also Read: 8 Altcoins to Buy Under $1 with 100% Potentials

In this blog, let’s discuss the top losers of the crypto market and how they are performing today. 

Top Crypto Losers Of The Week

Among the thousands of cryptocurrencies in the market, a few couldn’t survive the volatile blows and are losing their value. It is not new for crypto investors as market volatility is part of the crypto market. This week, the top losers are Sei, Injective, BONK, Helium, and Arbitrum. Let’s discuss them one by one. 

Sei (SEI)

Sei price is currently trading at $0.8125 after facing a loss of 22% within a week. The effect of the loss is visible with trading volume as well, as it is currently at $145,421,778 after a fall of 30% within a day. The token is trying to make a comeback where the market cap has surged slightly over 0.75%, pushing the value to $2,175,064,793. The news comes to a disappointment as just seven days ago, Sei surged brilliantly, setting a new all-time high record of $1.14 before falling. 

Injective (INJ)

Injective has made a confident surge this month where the price is up by 7% from what it was a month ago. It is currently trading at $35.89 after falling 21.48% with a market cap of $3,352,413,964. The biggest hit is on the trading volume, as it’s at $121,850,088 after a 31% dip. Despite the falls, INJ is just 32% away from its all-time high value, set nine days ago at $52,75. 

BONK

After a fall of 20% in a week, the BONK is trying to make a recovery, as it has surged around 3% from yesterday. It is currently trading at $0.0000225 after reaching an all-time high of $0.00004704, indicating a difference of 52%. BONK was trending in the charts earlier, but with the changing market trends, it has fallen into the list of top crypto losers. 

Its trading volume is still in the loss, where it is currently at $142,840,691 with a 30% dip. There’s a slight increment with the market cap today, where it ranks at 71 with the value of $1,465,920,205 after a 3% hike. 

Helium (HNT)

Helium has earlier impressed its community, surging to a year-high value of $10.4. But it’s in a continuous dip of 18%, where the value is at $6.54 with a market cap of $1,051,716,416. Also, the trading volume is at $9,130,427 after a 33% dip. There’s a long way for Helium to go anywhere near its all-time high value, as it’s in a dip of 88% compared to that. 

Arbitrum

Arbitrum is trading at $1.62 after a fall of 13% within a week. It is happening right after the token has acquired an all-time high of $2.40 on the 12th of January. Talking of the market cap, it is on the surge of 1.71%, pushing the value to $4,290,401,833, whereas the trading volume is at $444,904,844 after a 30% dip. 

Conclusion

The list of crypto losers includes the Sei, Injective, BONK, Helium, and Arbitrum. Most of these loser cryptocurrencies have recently peaked, setting an all-time high value before falling because of the bearish trend. It has to see how the market will move the next week and what will be the top losers then. 

Read More What’s happening With Worldcoin Today ?

The post Top Crypto Losers Of The Week appeared first on CoinGape.

---

Filed under: News - @ January 1, 1970 12:00 am