According to Coinecko data, among the top hundred cryptocurrencies in terms of market capitalization, the altcoins that experienced the most decline in the last 24 hours were Theta Network (THETA), Filecoin (FIL), Cosmos (ATOM), Tezos (XTZ) and Synthetix Network Token (SNX). .
With the activity in the crypto money market in the last 24 hours, the 5 altcoins that have seen the most decline are as follows:
- Theta Network (THETA)
- Filecoin (FIL)
- Cosmos (ATOM)
- Tezos (XTZ)
- Synthetix Network Token (SNX)
Theta Network (THETA): Theta Network is a platform created for decentralized video streaming on the blockchain. The most important purpose of the platform is to ensure that the videos are delivered to all over the world in a stable manner. The platform’s native token THETA was among the crypto assets that experienced the most declines in the last 24 hours. Theta Network is down 30% in the last 24 hours and is currently trading at $6.54.
Filecoin (FIL): Filecoin is a decentralized data storage network that uses the native crypto asset FIL to promote the creation of a secure and reliable storage and recovery network. Filecoin has fallen by 26.2% in the last 24 hours, trading at $78.89.
Cosmos (ATOM): Cosmos Network is a decentralized network that connects blockchains that work independently of each other. The Cosmos network is a scalable blockchain ecosystem where blockchains can interact with each other. The digital asset used for transfers in the Cosmos network is called Atom. Cosmos is down 25.3% in the last 24 hours to trade at $19.71.
Tezos (XTZ): Tezos is a decentralized Blockchain known by the symbol XTZ. It was developed by the couple Arthur and Kathleen in 2017. It is also funded by the Gevers Foundation, owned by Johann Gever. Tezos is a community managed crypto asset that uses the PoS algorithm. Tezos is down 25.1% in the last 24 hours, trading at $4.14.
Synthetix Network Token (SNX): Synthetix (SNX) is the built protocol for the creation and distribution of synthetic assets. Synth on different assets can be traded and traded on Kwenta. Synthetix Network Token (SNX) are equivalents for the distribution of Synths. Synthetix Network Token has dropped 25% in the last 24 hours, trading at $10.29.
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