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A Look at the Top 10 Crypto Losers on Binance as Market Dips


by Ikemefula Aruogu
for CoinEdition
A market report identifies the top 10 worst-performing crypto tokens on the Binance exchange during a recent market-wide sell-off.
  • A new report details the top 10 worst-performing crypto assets on Binance.
  • HOME coin led the losers list with a 27% price drop in a 24-hour period.
  • The losses occurred during a broader market sell-off that saw Bitcoin dip by 7%.

The latest market-wide pullback, which saw Bitcoin crash by 7%, has triggered even more significant losses in smaller, more speculative altcoins. A new market report focusing on the Binance ecosystem has identified the top 10 cryptocurrencies with the worst price performance over the last 24 hours.

The data highlights the high-beta nature of these assets, which often experience steeper declines during a market downturn. The sell-off has led to market-wide liquidations totaling nearly $448 million.

Related: Crypto Prices Extend Decline: Investor Jitters as Bitcoin Cracks $80K

HOME Coin Leads Losers with a 27% Daily Drop

Onchain data show that HOME coin, the next-generation cryptocurrency that combines Rea…

The post A Look at the Top 10 Crypto Losers on Binance as Market Dips appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Binance CEO Richard Teng Heads to South Korea as Regulatory Scrutiny Rises

Binance CEO Richard Teng Heads to South Korea as Regulatory Scrutiny Rises

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BAKE, HIFI, and SLF Plunge After Binance Announces It Will Delist the Tokens

BAKE, HIFI, and SLF Plunge After Binance Announces It Will Delist the Tokens

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A Look at the Top 10 Crypto Losers on Binance as Market Dips


by Ikemefula Aruogu
for CoinEdition
A market report identifies the top 10 worst-performing crypto tokens on the Binance exchange during a recent market-wide sell-off.
  • A new report details the top 10 worst-performing crypto assets on Binance.
  • HOME coin led the losers list with a 27% price drop in a 24-hour period.
  • The losses occurred during a broader market sell-off that saw Bitcoin dip by 7%.

The latest market-wide pullback, which saw Bitcoin crash by 7%, has triggered even more significant losses in smaller, more speculative altcoins. A new market report focusing on the Binance ecosystem has identified the top 10 cryptocurrencies with the worst price performance over the last 24 hours.

The data highlights the high-beta nature of these assets, which often experience steeper declines during a market downturn. The sell-off has led to market-wide liquidations totaling nearly $448 million.

Related: Crypto Prices Extend Decline: Investor Jitters as Bitcoin Cracks $80K

HOME Coin Leads Losers with a 27% Daily Drop

Onchain data show that HOME coin, the next-generation cryptocurrency that combines Rea…

The post A Look at the Top 10 Crypto Losers on Binance as Market Dips appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Binance CEO Richard Teng Heads to South Korea as Regulatory Scrutiny Rises

Binance CEO Richard Teng Heads to South Korea as Regulatory Scrutiny Rises

Richard Teng, CEO of Binance, is expected to visit South Korea next week, where he’ll...
BAKE, HIFI, and SLF Plunge After Binance Announces It Will Delist the Tokens

BAKE, HIFI, and SLF Plunge After Binance Announces It Will Delist the Tokens

Binance is delisting BakeryToken (BAKE), Hifi Finance (HIFI), and Self Chain (SLF) on...