The most unprofitable cryptocurrencies of the day are named

Analysts are talking about another drop in the cryptocurrency market and pointing out the digital assets that have lost the most in value over the past 24 hours.

Ethereum Classic (ETC) suffered the biggest losses. After rapid growth over the past day, when its value increased by more than 25%, it has fallen. Thus, ETC has become the most unprofitable of all the cryptocurrencies in the top 100. Over the past 24 hours, the Ethereum Classic rate has dropped by 16.58% and is trading at $ 33.98. The cryptocurrency’s market capitalization is $ 4.62 billion.

Despite the fact that the Ethereum hard fork showed a significant jump upwards yesterday, Charles Hoskinson, the founder of Cardano, called Ethereum Classic unnecessary. According to Hoskinson, Ethereum Classic is a dead cryptocurrency that does not utilize its full potential. The founder of Cardano proposed to introduce a 20% tax for miners on Ethereum Classic mining.

The second place in the list of regressing cryptocurrencies went to the marketplace’s native token Lido DAO (LDO). Over the past 24 hours, its price has fallen by 14.2% and the asset is currently trading at $ 1.85. The market capitalization is $ 578.97 million.

Another cryptocurrency that disappointed investors is the decentralized product Nexo (NEXO). Over the past day, the NEXO rate has dropped by 13.71% and now the digital currency is worth $ 0.831. The market capitalization is $ 465.55 million.

In addition, Curve DAO Token (CRV) and Bitcoin Gold (BTG) lost more than 12% of their value.