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

November 11, 2022 · 4:55 pm 2 min read

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 $104.19 Solana 7.84% Market capitalization $60.85 billion VOL. 24 hours $0.39 billion has managed to grow by 24% over the past day.

Elon Musk’s favorite cryptocurrency DOGE $0.09 Dogecoin 2.39% Market capitalization $13.77 billion VOL. 24 hours $62.88 million 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 $0.36 Lido DAO 3.35% Market capitalization $0.3 billion VOL. 24 hours $3.38 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 $7.45 Avalanche 0.90% Market capitalization $3.21 billion VOL. 24 hours $12.3 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 $79,780.62 Bitcoin 1.53% Market capitalization $1.6 trillion VOL. 24 hours $1.17 billion rose by 4.3% over the last day, ETH $2,520.11 Ethereum 2.85% Market capitalization $304.13 billion VOL. 24 hours $0.77 billion - by 6.6%, XRP $1.43 XRP 1.07% Market capitalization $89.9 billion VOL. 24 hours $0.25 billion - by 8%. The total market capitalization was recorded at $ 909 billion, up 3.9% over the past day.

BTC

$79,780.62

1.53%

ETH

$2,520.11

2.85%

BNB

$708.53

1.51%

XRP

$1.43

1.07%

SOL

$104.19

7.84%

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