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Cryptocurrency experts name the worst cryptocurrencies of September
September was a mixed month for the cryptocurrency market. Analysts and traders noted several digital tokens that significantly disappointed investors — despite the relatively stable state of the industry, their value has seriously plummeted.
As for the top 100, the Gala cryptocurrency (GALA) suffered the most significant damage. Its value fell by 22.6%. At the same time, the rate of the virtual coin has increased by 9.15% over the past 7 days. The digital currency was on the 90th line of the top list with $ 357.74 million in market capitalization. GALA could be purchased for an average of $ 0.014. It is worth noting that the price of the virtual asset is 98% lower than its historical maximum.
AreSoin (APE) and Mantle (MNT) also fell significantly in price. Thus, the value of APE fell by 13.5%, and MNT — by 13.3%. The Klaytn (KLAY) cryptocurrency fell by 12.96% in September.
Bone ShibaSwap (BONE) also demonstrated a decline in value, falling by 30.4%. After the rapid growth of crypto users' interest in the token on the eve of the Shibarium launch, BONE quotes began to fall rapidly. The virtual asset can be purchased for an average of $ 0.82. The total supply of BONE tokens circulating on the market amounted to $ 189.98 million.
The Rollbit Coin (RLB) crypto asset also lost a significant amount of value, falling by almost 30%. The cryptocurrency could be bought at an average price of $ 0.12.
Finally, market participants noted a drop in the Unibot telegram bot token (UNIBOT). The excitement around this asset class decreased, and the value of the cryptocurrency fell by 49.76%. The coin is currently trading at $ 67.55. At the same time, the price of the virtual currency increased by 20.4% over the past week.
As of the morning of October 2, the global market capitalization, according to CoinMarketCap, increased by 2.6% to $ 1.11 trillion. The number of cryptocurrency transactions per day increased by 15.16% to $ 34.59 billion. The Fear and Greed Index reached 47 points. Bitcoin’s BTC $95,033.91 Bitcoin -1.82% Market capitalization $1.88 trillion VOL. 24 hours $2.52 billion market share is 49.2%, and Ethereum’s ETH $3,310.42 Bridged Ether (StarkGate) -0.85% Market capitalization $0.3 billion VOL. 24 hours $1.48 billion is 18.7%.