The list of top 5 altcoins that collapsed due to the FTX exchange collapse is published

The liquidity crisis on the FTX cryptocurrency exchange has had a negative impact on the entire crypto market, with most tokens falling significantly in price. Cryptocurrency analysts have published the top 5 altcoins that have fallen the most.

The collapse of FTX led to the collapse of the native FTX Token (FTT) in the first place. Over the past 7 days, the cryptocurrency’s rate has dropped by 85.7%. However, the digital asset has now managed to recover, rising by 24.5% with a value of.

The native Solana blockchain token showed a 42.5% drop over the past week. Experts also noted a massive outflow of customers from the platform. Solana’s price volatility and pessimism among cryptocurrency holders peaked as a result of the turmoil between Binance-rozirvala-ugodu-pro-pokupku-ftx/">Binance and FTX CEOs. Currently, SOL $156.75 Solana -0.98% Market capitalization $73.5 billion VOL. 24 hours $0.25 billion has managed to grow by 24% over the past day.

Elon Musk’s favorite cryptocurrency DOGE $0.02 Department Of Government Efficiency 4.16% Market capitalization $23.57 million VOL. 24 hours $0.21 billion has fallen by 27.7% over the past 7 days. At the time of writing, DOGE is up 5.1%.

The liquid staking protocol token Lido DAO (LDO) fell by 26% over the past week and even dropped below $ 1. However, so far LDO $1.34 Lido DAO -2.34% Market capitalization $1.2 billion VOL. 24 hours $8.28 million has managed to add 14.6% in price. According to Blockchain Center, from July to September, LDO was the growth leader among the top altcoins.

The AVAX token of the Avalanche decentralized platform has fallen by 17.7% over the past 7 days. Like other digital assets, AVAX $29.28 Binance-Peg Avalanche -4.16% Market capitalization $58.54 million VOL. 24 hours $37.7 million partially recovered over the past day, rising by 5.3%. According to Messari’s report, AVAX’s revenues fell by 94.1% in the third quarter.

It is worth noting that the cryptocurrency market managed to partially recover due to the publication of inflation data in the United States — the inflation rate for October was 7.7%, up 0.4% over the month. This figure was unexpectedly positive, as analysts had predicted 8%. Thus, BTC $65,755.33 Bitcoin -0.33% Market capitalization $1.3 trillion VOL. 24 hours $0.6 billion rose by 4.3% over the last day, ETH $2,671.47 Bridged Ether (StarkGate) -1.11% Market capitalization $0.2 billion VOL. 24 hours $0.37 billion - by 6.6%, XRP $0.62 XRP 5.03% Market capitalization $34.93 billion VOL. 24 hours $0.27 billion - by 8%. The total market capitalization was recorded at $ 909 billion, up 3.9% over the past day.