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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 $75.90 Solana -0.90% Market capitalization $44.22 billion VOL. 24 hours $78.63 million has managed to grow by 24% over the past day.

Elon Musk’s favorite cryptocurrency DOGE $0.07 Dogecoin -2.02% Market capitalization $10.9 billion VOL. 24 hours $29.19 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 $0.29 Lido DAO -0.84% Market capitalization $0.25 billion VOL. 24 hours $1.33 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 $6.52 Avalanche 2.08% Market capitalization $2.82 billion VOL. 24 hours $13.95 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 $63,593.36 Bitcoin -0.78% Market capitalization $1.28 trillion VOL. 24 hours $0.7 billion rose by 4.3% over the last day, ETH $1,886.88 Ethereum -1.24% Market capitalization $227.71 billion VOL. 24 hours $0.3 billion - by 6.6%, XRP $1.01 XRP -1.28% Market capitalization $63.06 billion VOL. 24 hours $47.97 million - by 8%. The total market capitalization was recorded at $ 909 billion, up 3.9% over the past day.

BTC

$63,593.36

-0.78%

ETH

$1,886.88

-1.24%

BNB

$609.51

-0.41%

XRP

$1.01

-1.28%

SOL

$75.90

-0.90%

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