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After a volatile trading day, the crypto market saw several lesser-known tokens take heavy hits, dragging the overall sentiment lower. While some major coins remained relatively stable, many mid and small-cap assets recorded double-digit losses. Traders seem to be moving cautiously, with profit booking and weak support levels contributing to sharp pullbacks across the board.
Top Losers in Crypto in the last 24 hours
ATM
ATM took the biggest hit out of all tracked assets, crashing by 19.62 per cent and now trading at just $1.51. This heavy fall may reflect a sudden exit by major holders or a lack of support volume at lower levels. Such a dramatic drop usually triggers panic selling, and unless it finds a base soon, ATM could see further weakness in the coming sessions.
PENDLE
PENDLE also faced a major correction, falling by 10.44 per cent to $3.98. The coin had shown some positive movement earlier this week, but this sharp reversal hints at a possible rejection from recent resistance levels. Traders who entered at higher prices may now be offloading their positions to avoid deeper losses. PENDLE’s move is being closely watched by short-term speculators who may try to re-enter once it shows signs of stability.
ACM
ACM followed closely behind, recording a 10.12 per cent loss that pushed its price down to $0.915. Like many fan tokens, ACM tends to be sensitive to both crypto sentiment and news around its affiliated football club. However, the lack of strong volume support likely contributed to the steep decline, as holders rushed to exit before prices fell even lower.
Other Notable Coins
Beyond the top three, several other tokens also experienced significant drops. RPL fell by 9.71 per cent and is now priced at $7.16, while ERA dropped to $1.03 after losing 9.54 per cent. ETHFI came down to $1.01 with a 9.39 per cent decline, and CRV is now at $0.9031 following a 9.32 per cent fall. BB and QKC also faced similar pressure, falling by 9.10 and 8.38 per cent, respectively. BANANA rounded off the list, slipping 8.27 per cent to settle at $23.63.
The pattern seen in today’s losers reflects a broader risk-off mood, especially around smaller and mid-cap tokens. These quick drops may open short-term entry points for traders, but they also carry the risk of further decline if market sentiment doesn’t recover soon. As always, watching volume and price behaviour in the coming hours will be key to understanding whether this was just a short-term flush or the start of a deeper correction.
Disclaimer – This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile, and readers are advised to do their own research
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