Most cryptocurrencies from the top 100 fell by as much as 20 to 30% last week. Over the weekend, some prices were able to recover and consolidate slightly, but this morning many cryptos are already falling sharply.
Bitcoin (BTC) is currently taking a hit, and several large altcoins are already falling faster. Total market capitalization is down 1.5% at the time of writing to $1.04 trillion. Is the market going to see a repeat of last week?
🌟TOP POPULAR BLOCKCHAIN COINS BY 7D PERFORMANCE🌟
— CoinF – Research | Analytics (@CoinF_io) August 22, 2022
Ethereum drops 4%
Ethereum (ETH) spiked earlier than bitcoin last week when the price briefly crossed above USD 2,000. After that, the ether price already started to fall and reached a low of $1,550 on Friday. Over the weekend, ETH recovered slightly, but was limited to $1,630. Currently, however, ETH is falling sharply again and the price is even below Friday’s low. The ETH price is currently at $1,540 and is down 4% today.
TRX, SHIB in the minus
Tron (TRX) held up best last week, returning it to the top 10 largest altcoins (without stablecoins). Also today, TRX is down “only” 0.7% to $0.065. Shiba inu (SHIB) is already down 2.4% to $0.00001285 today. That may not be as hard as the rest of the top 10, but SHIB dropped the hardest last week, dropping 24%.
XRP, MATIC, SOL, ADA fall faster
Ripple (XRP) fell just 11.5% last week, is down 3% today and stands at $0.334. Polkadot (DOT) is currently down 3.2% and is falling towards $7. Polygon (MATIC) is down 3.4% today, falling to $0.7777. Solana (SOL) is down to $34 and is down 3.8% today. Cardano (ADA) is down 4% to USD 0.44 in the past 24 hours.
AVAX, DOGE drop the hardest
Avalanche (AXAX) is down 5% today and currently stands at $21.8. Dogecoin (DOGE) fell slightly less hard last week, although it was still down 19.5%. Today, however, DOGE is dropping the hardest from the top 10, dropping 5.5% to $0.0658.
Crypto top 100 hardest fallers and risers
Also neo (NEO), zilliqa (ZIL), internet computer (ICP), axie infinity (AXS), enjin coin (ENJ), waves (WAVES), kava (KAVA), graph (GRT), filecoin (FIL) and flow (FLOW) are down about 5% today.
For near (NEAR), zcash (ZEC), stacks (STX), ethereum classic (ETC) and helium (HNT), that is already 6%. Stepn (GMT) is down nearly 7% and celsius (CEL) continues to plummet and is down 21% today.
However, there is one exception: eos (EOS) was able to rise again last weekend, albeit less strongly than last week. EOS is up 5% today, but is currently falling below $1.5.
Some important events in coming months $SAND – ALPHA SEASON 3 -24th AUG $EOS – Yield +TVL rewards – 28th AUG $AUDIO– $AUDIUS lounge -24th Aug$FUND – Seedify air drop -31st Aug $KAVA – Kava launch $ETH merge – Sep 15th $EGLD – On chain governance – Sep 30th
— Vivian📈🇨🇦🏳️🌈(I don’t DM) (@blockchainedbb) August 21, 2022
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