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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 $187.72 Solana -0.03% Market capitalization $88.52 billion VOL. 24 hours $0.85 billion has managed to grow by 24% over the past day.
Elon Musk’s favorite cryptocurrency DOGE $0.07 Department Of Government Efficiency -5.22% Market capitalization $76.37 million VOL. 24 hours $0.91 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 $1.28 Lido DAO 9.51% Market capitalization $1.15 billion VOL. 24 hours $74.47 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 $26.73 Binance-Peg Avalanche 1.37% Market capitalization $53.6 million VOL. 24 hours $60.8 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 $74,798.60 Bitcoin 0.46% Market capitalization $1.48 trillion VOL. 24 hours $3.46 billion rose by 4.3% over the last day, ETH $2,800.31 Bridged Ether (StarkGate) 6.19% Market capitalization $0.23 billion VOL. 24 hours $1.98 billion - by 6.6%, XRP $0.54 XRP 1.94% Market capitalization $30.91 billion VOL. 24 hours $0.2 billion - by 8%. The total market capitalization was recorded at $ 909 billion, up 3.9% over the past day.