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Eyes on these coin: Top 5 losers of the day altcoin
Although the cryptocurrency market cheered with the Bitcoin halving, it surprised the top 5 losers of the day, altcoin. Here are those altcoin's
Crypto money market was colored by the halving of Bitcoin on the night of April 20. The positive impact of the halving and the easing of geopolitical tensions led to rises in altcoin. Many altcoin managed to settle at the top of the day with sharp rises.
Although the Crypto money market has not fully entered a rise cycle, the weekend is spent recovering. BTC is priced above $60,000, pushing altcoin away from the bottoms.
Despite all these processes, there were also altcoin that marked the day of the halving with their fall. We have compiled the top 5 losing altcoin of the day for you.
##1- Toncoin (TON)
Toncoin (TON), which offers a specific blockchain with the support of Telegram, is developing and adopted day by day, was the altcoin that fell the most during the halving period. TON has lost 12.7 percent of its value in the last 24 hours.
##2- Bittensor (TAO)
Bittensor (TAO), which has become a popular crypto project in the artificial intelligence category and offers a specific infrastructure with machine learning language, was the second biggest loser altcoin of the day. TAO has lost 6.1 percent of its value in the last 24 hours.
##3- dogwifhat (WIF)
Dogwifhat (WIF), which was launched on the Solana network and quickly became one of the most popular memecoin, was the third biggest loser altcoin of the day. Popular memecoin WIF is down 5.2 percent in the last 24 hours.
4- NEO (NEO)
NEO (NEO), the popular layer-1 project known as the Chinese Ethereum that led the Asian hype last week, was the fourth biggest loser of the day. NEO experienced a fall of 4.8 percent in the last 24 hours.
5- Ribbon Finance (RBN)
Ribbon Finance (RBN), a derive and DeFi project that provides the financial infrastructure to create structured products that deliver sustainable returns, was the fifth biggest loser altcoin of the day. RBN experienced a 4.7 percent fall in the last 24 hours.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making decisions.