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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 $255.89 Solana 8.18% Market capitalization $121.44 billion VOL. 24 hours $2.11 billion has managed to grow by 24% over the past day.
Elon Musk’s favorite cryptocurrency DOGE $0.32 Department Of Government Efficiency 1.70% Market capitalization $0.31 billion VOL. 24 hours $1.51 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 $1.22 Lido DAO 8.39% Market capitalization $1.09 billion VOL. 24 hours $46.35 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 $35.99 Binance-Peg Avalanche 5.45% Market capitalization $71.98 million VOL. 24 hours $0.15 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 $98,725.67 Bitcoin 4.80% Market capitalization $1.95 trillion VOL. 24 hours $6.69 billion rose by 4.3% over the last day, ETH $3,373.88 Bridged Ether (StarkGate) 9.33% Market capitalization $0.28 billion VOL. 24 hours $3.15 billion - by 6.6%, XRP $1.20 XRP 8.81% Market capitalization $68.55 billion VOL. 24 hours $1.16 billion - by 8%. The total market capitalization was recorded at $ 909 billion, up 3.9% over the past day.