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

4:55 pm, November 11, 2022

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 $189.18 Solana 2.10% Market capitalization $90.7 billion VOL. 24 hours $0.69 billion has managed to grow by 24% over the past day.

Elon Musk’s favorite cryptocurrency DOGE $0.15 Department Of Government Efficiency 0.70% Market capitalization $0.14 billion VOL. 24 hours $0.59 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 $1.81 Lido DAO 2.09% Market capitalization $1.62 billion VOL. 24 hours $26.55 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 $38.34 Binance-Peg Avalanche 2.50% Market capitalization $76.59 million VOL. 24 hours $0.11 billion 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 $94,258.23 Bitcoin -1.22% Market capitalization $1.87 trillion VOL. 24 hours $2.85 billion rose by 4.3% over the last day, ETH $3,381.37 Bridged Ether (StarkGate) 1.40% Market capitalization $0.3 billion VOL. 24 hours $1.51 billion - by 6.6%, XRP $2.24 XRP 1.75% Market capitalization $128.48 billion VOL. 24 hours $0.76 billion - by 8%. The total market capitalization was recorded at $ 909 billion, up 3.9% over the past day.

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BTC

$94,258.23

-1.22%

ETH

$3,381.37

1.40%

BNB

$695.41

5.02%

XRP

$2.24

1.75%

SOL

$189.18

2.10%

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