The most unprofitable cryptocurrencies of the week

Over the past seven days, Terra Classic (LUNC), Toncoin (TON), and Ravencoin (RVN) have disappointed cryptocurrency investors in the short term. As expected, LUNC showed the worst dynamics — the virtual asset lost as much as 32.88% of its value. At the same time, the token fell by 19.67% in just one day. Currently, the asset is trading for $ 0.189, with a market capitalization of $ 1.16 billion.

Judging by the scale of the problems created by Terraform Labs founder Do Kwon, LUNC’s value will continue to fall. As a reminder, Kwon is accused of violating South Korean legislation on financial markets. Today, it became known that Interpol issued a «red notice», which allows Kwon to be put on the international wanted list for further extradition to South Korea. Further, it is planned to hold court hearings in the case of the Terra ecosystem collapse.

The second place in the list of unprofitable cryptocurrency assets went to TON. Over the past week, the virtual currency has become cheaper by 18.77%. Its rate was fixed at $ 1.28, and the total supply of coins on the market amounted to $ 1.55 billion.

Finally, the RVN cryptocurrency lost 11.6% in seven days, and the Ravencoin rate dropped to $ 0.037. The market capitalization of the digital asset amounted to $ 435.13 billion.

Earlier, we reported on the most profitable cryptocurrencies from the top 100 list last week, with Reserve Rights (RSR), Ripple (XRP), Compound (COMP), and Algorand (ALGO) showing the best results.