The crypto market was not all green today. While some coins showed big gains, many others dropped hard. It was a mixed day for traders. Some tokens fell a little, but others lost a lot in just 24 hours. This kind of movement is normal in crypto, but it still worries some investors. A few well-known coins and some smaller ones were all in the red today. Prices went down fast, and trading volumes also dropped for some of them. Let’s take a look at the top coins that lost the most value and how they are doing now.
Top losers in Crypto in the last 24 hours
KNC
Leading the list of top losers is KNC, which plunged by 19.42%, bringing its price down to $0.4569. The drop comes after a brief period of sideways trading, and the sharp correction may signal heavy sell pressure, possible profit-taking, or simply a lack of volume to support earlier momentum.
ATM
Following closely behind is ATM, the Atlético de Madrid Fan Token, which fell 19.13% to $1.56. Fan tokens have always been prone to sudden price swings, often tied to events or news around football clubs, but today’s drop seems to be more sentiment-driven than event-based. TUT also joined the red zone, sliding 18.95% to $0.06514. Its consistent downtrend in recent days might be tied to concerns over token utility or lack of developer updates, which can easily shake confidence among retail investors.
CVX
CVX saw a significant dip as well, down 16.39% at $4.66. Convex Finance had been showing signs of weakening structure on charts, and the current move could be a delayed reaction to liquidity drying up in the DeFi sector. IDEX, another altcoin with a history of quick rises and crashes, dropped 15.40%, now trading at $0.02724. The volume seemed to taper off overnight, and traders may be exiting short-term positions.
1000CAT
Another token to suffer a double-digit loss is 1000CAT, which dropped by 15.23% to $0.0108. This meme-inspired coin had recently gained attention but failed to hold support levels. The hype around it seems to have cooled off just as quickly as it appeared.
Other notable coins
MAV, KERNEL, and ORDI followed with losses of 13.58%, 12.84%, and 12.73% respectively. In particular, ORDI’s drop to $10.43 signals a fading narrative around Bitcoin Ordinals, at least in the short term, as interest shifts elsewhere.
Closing out the list is SPK, which declined 12.59% to $0.081397. While not a dramatic collapse, it’s still part of the broader correction trend happening across many mid- and low-cap assets. Today’s pullbacks are a reminder of how quickly sentiment can change in crypto, and how easy it is for prices to reverse even after brief rallies.
Overall, while top gainers like OMNI and CFX enjoyed the spotlight earlier, this side of the market tells another story: one of caution, retracement, and cooling hype cycles. Traders jumping into volatile assets need to stay alert, especially with such sharp dips hitting double digits across the board.
Disclaimer: This report is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are subject to market risks and high volatility. Always do your own research and consult a financial advisor before making investment decisions.
