Subscribe to our Telegram channel
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 $134.93 Binance-Peg SOL -5.39% Market capitalization $0.15 billion VOL. 24 hours $0.47 billion has managed to grow by 24% over the past day.
Elon Musk’s favorite cryptocurrency DOGE $0.16 Binance-Peg Dogecoin -4.86% Market capitalization $0.4 billion VOL. 24 hours $0.15 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 $0.67 Lido DAO -7.36% Market capitalization $0.6 billion VOL. 24 hours $13.67 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 $16.84 Binance-Peg Avalanche -5.07% Market capitalization $33.74 million VOL. 24 hours $47.14 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 $102,493.55 Bitcoin -1.35% Market capitalization $2.04 trillion VOL. 24 hours $1.61 billion rose by 4.3% over the last day, ETH $2,270.52 Bridged Ether (StarkGate) -7.35% Market capitalization $0.14 billion VOL. 24 hours $1.51 billion - by 6.6%, XRP $2.07 XRP -3.50% Market capitalization $122.05 billion VOL. 24 hours $0.23 billion - by 8%. The total market capitalization was recorded at $ 909 billion, up 3.9% over the past day.