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August 7 – While several altcoins continue to enjoy bullish momentum, today’s Top Losers list highlights the other side of the market, with smaller-cap tokens facing sharp pullbacks. Whether due to profit-taking, weak support levels, or fading hype, the biggest drops of the past 24 hours suggest heightened volatility across the board. The coins below are the hardest hit, and each decline carries its own story.
Top losers in CRYPTO in the past 24 hours
TST
TST leads the losers’ list with a brutal 32.29% drop, now trading at $0.02745. This steep fall points to either a heavy round of profit-taking or a loss of speculative interest, both of which are common with low-cap, high-volatility tokens. Such a dramatic drop often signals a short-term correction after an overheated run.
TOWNS
TOWNS follows in second place, shedding 16.34% to sit at $0.03144. As a relatively unknown project, the double-digit decline may reflect a lack of sustained trading volume or community engagement. Sharp drops like this are often triggered when initial hype dies down without a strong utility narrative to support the price.
PROVE
In third place, PROVE has fallen 14.17%, currently priced at $1.01. This pullback might indicate a shift in trader sentiment or a reaction to external news, though with limited information available on this token, the selloff appears speculative. Its drop below the $1 level could trigger further downside if support fails to hold.
Other notable coins
PROM takes the fourth spot with an 11.91% drop, bringing its price down to $8.18. A larger-cap asset compared to others on the list, PROM’s decline suggests larger profit exits or market rotation away from NFT or metaverse-related tokens, which it’s commonly associated with.
PYR sits at number five, down 5.67% and currently trading at $1.13. As the native token for the Vulcan Forged gaming ecosystem, PYR’s decline may be part of a broader cool-down in GameFi assets, especially if on-chain activity or user engagement slows down.
In sixth place, GPS dropped 5.65% to $0.01671. The fall could be tied to low liquidity or fading momentum, common in early-stage or low-volume projects. Without fresh demand, these types of tokens tend to slide quickly.
IOTX takes the seventh spot, falling 3.74% to $0.02906. As a project once in the spotlight for IoT-focused blockchain solutions, IOTX now seems to be struggling to maintain consistent market traction. Today’s dip may be part of a broader downtrend unless ecosystem updates revive interest.
TREE is ranked eighth, down 2.84% to $0.39. Although the price change is relatively modest compared to others on the list, it still reflects weakening support or profit-taking, especially after any recent rallies.
In ninth place, C dropped 2.72% to trade at $0.2501. While the token is still holding above a key quarter-dollar level, the dip suggests that trader interest may be thinning, or a correction is underway following a previous climb.
Finally, BROCCOLI rounds out the list in tenth, down 2.59% and now priced at $0.02934. Despite the relatively smaller loss, its inclusion on the list indicates softness in the micro-cap segment. Without clear fundamentals or project news, such dips can snowball quickly if selling pressure continues.