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A Look at the Top 10 Crypto Losers on Binance as Market Dips


by Ikemefula Aruogu
for CoinEdition
A market report identifies the top 10 worst-performing crypto tokens on the Binance exchange during a recent market-wide sell-off.
  • A new report details the top 10 worst-performing crypto assets on Binance.
  • HOME coin led the losers list with a 27% price drop in a 24-hour period.
  • The losses occurred during a broader market sell-off that saw Bitcoin dip by 7%.

The latest market-wide pullback, which saw Bitcoin crash by 7%, has triggered even more significant losses in smaller, more speculative altcoins. A new market report focusing on the Binance ecosystem has identified the top 10 cryptocurrencies with the worst price performance over the last 24 hours.

The data highlights the high-beta nature of these assets, which often experience steeper declines during a market downturn. The sell-off has led to market-wide liquidations totaling nearly $448 million.

Related: Crypto Prices Extend Decline: Investor Jitters as Bitcoin Cracks $80K

HOME Coin Leads Losers with a 27% Daily Drop

Onchain data show that HOME coin, the next-generation cryptocurrency that combines Rea…

The post A Look at the Top 10 Crypto Losers on Binance as Market Dips appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Analysts Urge Profit-Taking Strategy As Ethereum Beats Banks

Analysts Urge Profit-Taking Strategy As Ethereum Beats Banks

The recent Ethereum (ETH) price rally has pushed it into new territory, both in price...
Cardano’s Charles Hoskinson Preps Explosive August Audit Amid $600 Million ADA Scandal

Cardano’s Charles Hoskinson Preps Explosive August Audit Amid $600 Million ADA Scandal

Cardano co-founder Charles Hoskinson is preparing to go public with a highly anticipa...

A Look at the Top 10 Crypto Losers on Binance as Market Dips


by Ikemefula Aruogu
for CoinEdition
A market report identifies the top 10 worst-performing crypto tokens on the Binance exchange during a recent market-wide sell-off.
  • A new report details the top 10 worst-performing crypto assets on Binance.
  • HOME coin led the losers list with a 27% price drop in a 24-hour period.
  • The losses occurred during a broader market sell-off that saw Bitcoin dip by 7%.

The latest market-wide pullback, which saw Bitcoin crash by 7%, has triggered even more significant losses in smaller, more speculative altcoins. A new market report focusing on the Binance ecosystem has identified the top 10 cryptocurrencies with the worst price performance over the last 24 hours.

The data highlights the high-beta nature of these assets, which often experience steeper declines during a market downturn. The sell-off has led to market-wide liquidations totaling nearly $448 million.

Related: Crypto Prices Extend Decline: Investor Jitters as Bitcoin Cracks $80K

HOME Coin Leads Losers with a 27% Daily Drop

Onchain data show that HOME coin, the next-generation cryptocurrency that combines Rea…

The post A Look at the Top 10 Crypto Losers on Binance as Market Dips appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Analysts Urge Profit-Taking Strategy As Ethereum Beats Banks

Analysts Urge Profit-Taking Strategy As Ethereum Beats Banks

The recent Ethereum (ETH) price rally has pushed it into new territory, both in price...
Cardano’s Charles Hoskinson Preps Explosive August Audit Amid $600 Million ADA Scandal

Cardano’s Charles Hoskinson Preps Explosive August Audit Amid $600 Million ADA Scandal

Cardano co-founder Charles Hoskinson is preparing to go public with a highly anticipa...