Cryptocurrency market analysts have named a digital asset whose trading volumes increased by 1710% per day

On Tuesday, October 10, a new cryptocurrency project was released on the Binance Launchpad platform — Neutron (NTRN). Subsequently, the press service of the Binance cryptocurrency exchange announced the listing of the token and the value of the coin instantly increased. However, traders started a massive sell-off and the price of the virtual asset plummeted by 30% in a day.

NTRN can be purchased for an average of $ 0.35, which is 30.7% lower than the previous day. The market capitalization amounted to $ 76.16 million, and the daily trading volume reached $ 71.88 million, which is 1710% higher than yesterday.

However, not only NTRN has disappointed its owners in the last 24 hours. Verasity (VRA) lost 10% of its value. Its quotes are now in the range of $ 0.0046. The market capitalization amounted to $ 47.71 million, and the daily volume of transactions exceeded $ 18.47 million.

In addition, the HarryPotterObamaSonic10Inu (BITCOIN) meme token has upset its holders. Its price fell by 10.6% during the reporting period and is now at $ 0.058. The total supply of assets circulating on the market amounted to $ 58.18 million, while transaction volumes decreased by 38.2% to $ 2.48 million.

Market participants also noted a drop in Bluzelle (BLZ) quotes, with a 9% daily regression. The cryptocurrency’s exchange rate was at $ 0.116, and the coin’s capitalization fell to $ 49.39 million. The amount of trading transactions amounted to $ 36.22 million.

Cosmos (ATOM) also dropped. The cryptocurrency fell to the 26th position on the top list with a $ 2.44 billion capitalization. Quotes dropped to $ 6.62, losing 7.35% overnight. Daily trading volumes reached $ 146.09 million.