Bitcoin, which went back to $96,000 in the morning, started to generate selling pressure in the altcoin market.
Price down for last week BTCtriggered a massive selloff in altcoins. The leader of cryptocurrencies, which lost value while growing in dominance, particularly angered altcoin investors. BitcoinAs the bearish trend continues, which altcoins fell the most in the last 24 hours?
1- Pudgy Penguin (PENGU)
PENGU, the token for the Pudgy Penguins NFT collection, fell 16 percent in the last 24 hours. PENGU, which has been under selling pressure since its listing on popular stock exchanges, topped the list.
2- Aptos (APT)
APT, one of the potential names for Tier-1 projects, fell into decline with the resignation of its CEO a few days ago. The popular altcoin, which fell 14 percent in the past 24 hours, fell below $10. If the price stays below $10, a new wave of selling may occur.
3- Dogwifhat (WIF)
WIF, one of the leading memecoins in the Solana ecosystem, has lost 11% of its value in the last 24 hours along with the drop in BTC. After falling below $2, WIF may continue its downtrend until it can regain that level.
4- Curve DAO (CRV)
CRV, seen as one of the star candidates for the upcoming bull season, fell 10 percent in the past 24 hours. Eagerly waiting to see how the CRV, which has missed the $0.80 support level, will perform in the coming days.
5- Athena (ENA)
ENA, one of the notable altcoins of recent times, fell 9 percent in a short period of time. As of press time, ENA, which changed hands in the $1 band, will signal bullishness again as ETH recovers.
This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making decisions.
