The cryptocurrency market is known for its volatility, and this week of September 2024 has been no different. In this article, we’re highlighting the top 5 crypto losers of the first week of September. Based on data from TradingView, these tokens saw significant declines, making them the biggest underperformers of the week.
TOP 5 Crypto Losers For This Week: September 2024
TOP 5 Weekly Losers (Between Rank 1 to 20)
1. Toncoin (TON)
Toncoin (TON) takes the top spot on our crypto losers list, with a significant 13.97% drop in its weekly performance. TON is currently trading at $4.61, with a market cap of $11.676 billion and a circulation supply of 2.533 billion. This sharp decline has caught the attention of many investors, marking it as the worst-performing cryptocurrency of the week.
By TradingView – TONUSD_2024-09-07 (5D)
2. Near Protocol (NEAR)
Following closely behind is Near Protocol (NEAR), which experienced an 11.89% drop in its price over the past week. NEAR is currently trading at $3.62, with a market cap of $4.065 billion and a circulation supply of 1.123 billion. This notable dip has placed NEAR firmly in the spotlight for its underperformance.
By TradingView – NEARUSD_2024-09-07 (5D)
3. Chainlink (LINK)
Chainlink (LINK) has also made it to our top 5 crypto losers list, with a weekly performance drop of 10.35%. At the moment, LINK is trading at $9.95, with a market cap of $6.051 billion and a circulation supply of 608.1 million. Despite its strong fundamentals, Chainlink has faced a tough week, leaving many investors on edge.
By TradingView – LINKUSD_2024-09-07 (5D)
4. Ethereum (ETH)
Even the second-largest cryptocurrency by market cap, Ethereum (ETH), couldn’t escape this week’s market downturn. ETH saw its price drop by 9.53%, now trading at $2,283. With a market cap of $274.719 billion and a circulation supply of 120.319 million, Ethereum’s decline is one of the most surprising movements of the week.
By TradingView – ETHUSD_2024-09-07 (5D)
5. Bitcoin (BTC)
Rounding out the list is Bitcoin (BTC), the king of cryptocurrencies, which experienced a 7.97% drop in its price. Bitcoin is now trading at $54,365, with a market cap of $1.074 trillion and a circulation supply of 19.751 million. While BTC is no stranger to fluctuations, this week’s performance is a significant dip for the market leader.
By TradingView – BTCUSD_2024-09-07 (5D)
The data is accurate at the time of writing, based on the first week of September 2024. These cryptos have faced tough challenges in the market, making them the top 5 crypto losers of the week.
TOP Weekly Losers (Between Rank 1 to 20)
Source
