{"id":20123,"date":"2022-06-17T04:37:04","date_gmt":"2022-06-17T04:37:04","guid":{"rendered":"http:\/\/egrowonline.com\/?p=20123"},"modified":"2022-06-17T04:37:04","modified_gmt":"2022-06-17T04:37:04","slug":"72-of-the-top-100-coins-have-fallen-90-or-more-here-are-the-holdouts","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=20123","title":{"rendered":"72 of the top 100 coins have fallen 90% or more: Here are the holdouts"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvZTUyZDg1NTQtNzk4Yy00Y2JjLWI1MWQtZDJkM2ZjYjMwZmI5LmpwZw==.jpg\" \/><\/p>\n<div data-v-2a0745c6=\"\">\n<p>According to price data from CoinGecko <a target=\"_blank\" href=\"https:\/\/coingolive.com\/en\/coin\/ath-price\/?p=0&amp;vol24h=ALL&amp;name=porc_high&amp;order=desc&amp;max_rank=13000\" rel=\"noopener nofollow\">compiled<\/a> by CoinGoLive, the current bear market has seen a whopping 72 out of top-100 tokens fall more than 90% from their all-time highs.<\/p>\n<p>The larger cap coins are faring better than most. Among the top ten cryptocurrencies by market cap, nine have dipped less than 90% during the current market downturn. Bitcoin (<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\" rel=\"noopener\">BTC<\/a>), the largest crypto, is down 70.3% from its November high of $69,000. Second place is Ether (<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/ethereum-price\" rel=\"noopener\">ETH<\/a>) which is down 78% from its high of $4,878.<\/p>\n<p>Others in the top ten include Binance Coin (<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/binance-coin-price-index\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/binance-coin-price-index\" rel=\"noopener\">BNB<\/a>), Cardano (<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/ada-price-index\" rel=\"noopener\">ADA<\/a>), Solana (<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/solana-price-index\" rel=\"noopener\">SOL<\/a>), and Polkadot (<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/polkadot-price-index\" rel=\"noopener\">DOT<\/a>) which are down between 68% and 88%, (excluding the three stablecoins <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/tether-price-index\" rel=\"noopener\">USDT<\/a>, <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/usdc-price-index\" rel=\"noopener\">USDC<\/a> and BUSD). Ripple (<a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/xrp-price-index\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/xrp-price-index\" rel=\"noopener\">XRP<\/a>) is the exception, tracking a fall of 90.56% from its ATH.<\/p>\n<p>The average fall from ATH for these top 10 coins is 79%, while among the top 20 coins the average fall from the all-time-high is 81.1%. <\/p>\n<p>Exchange tokens appear to be doing better than many other sectors with a 68.3% average fall from their ATHs.<\/p>\n<p>The best performer there is LEO token, which has only fallen 38.87%, which Cointelegraph reported <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/price-analysis-6-15-btc-eth-bnb-ada-xrp-sol-doge-dot-leo-shib\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/price-analysis-6-15-btc-eth-bnb-ada-xrp-sol-doge-dot-leo-shib\/amp\" rel=\"noopener\">saw<\/a> \u201caggressive buying at lower levels\u201d on June 13. LEO is the Ethereum-based utility token for the Bitfinex exchange and trading platforms managed by iFinex and is used to reduce fees for traders.<\/p>\n<p>Coinflex exchange\u2019s native FLEX token is the 83rd largest crypto. It also appears relatively immune to the devastating drawback and is down just 38.6% from from ATH. FLEX is used to pay for transactions and reduce trading fees on its trading platform. The project touts its token burning mechanism as a reason for its price resilience.<\/p>\n<p>The utility token for the KuCoin trading platform, KCS, has seen a 61.43% drawdown from its ATH. KCS is an ERC-20 token that is used to reduce fees on the exchange and is the native token for KuChain, a blockchain developed by the exchange.<\/p>\n<p>However KCS <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/top-5-cryptocurrencies-to-watch-this-week-btc-ftt-xtz-kcs-hnt\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/top-5-cryptocurrencies-to-watch-this-week-btc-ftt-xtz-kcs-hnt\/amp\" rel=\"noopener\">could see a further dip<\/a> more than 60% below its ATH if Cointelegraph\u2019s June 12 predictions are right.<\/p>\n<p>Many cryptocurrencies have experienced a large portion of their losses <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-drops-to-lowest-since-may-as-ethereum-market-trades-at-18-4-loss\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/bitcoin-price-drops-to-lowest-since-may-as-ethereum-market-trades-at-18-4-loss\/amp\" rel=\"noopener\">within the past week<\/a> as the total crypto market cap dropped 24% from $1.3 trillion to $996 billion. In that time, BTC also fell about 35% from $30,500 to a low of $20,216 on June 15. <\/p>\n<p><strong><em>Related: <\/em><\/strong><a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-bounces-8-from-lows-amid-warning-btc-price-bottom-shouldn-t-be-like-that\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/bitcoin-bounces-8-from-lows-amid-warning-btc-price-bottom-shouldn-t-be-like-that\/amp\" rel=\"noopener\"><strong><em>Bitcoin bounces 8% from lows amid warning BTC price bottom &#8216;shouldn&#8217;t be like that&#8217;<\/em><\/strong><\/a><\/p>\n<p>BTC is currently trading at $20,486 since the Federal Reserve announced a <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-climbs-to-22-5k-after-fed-75-basis-point-hike-aims-to-cap-runaway-inflation\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/bitcoin-price-climbs-to-22-5k-after-fed-75-basis-point-hike-aims-to-cap-runaway-inflation\/amp\" rel=\"noopener\">75 basis point hike<\/a> in interest rates to try to combat inflation. <\/p>\n<p>As an aside, stablecoins haven\u2019t been immune to falls either, despite theoretically being stable. Since 2018, many have wobbled by 10% to 30% at various points including USDT, USDC, BUSD, DAI, FRAX, USDP, PAXG, CDAI and XAUT. TUSD recorded a 38.4% deviation from its peg in 2018. <\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/72-of-the-top-100-coins-have-fallen-90-or-more-here-are-the-holdouts\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to price data from CoinGecko compiled by CoinGoLive, the current bear market has seen a whopping 72 out of top-100 tokens fall more than 90% from their all-time highs. The larger cap coins are faring better than most. Among the top ten cryptocurrencies by market cap, nine have dipped less than 90% during the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20124,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[37],"tags":[166,8983,9064,114],"class_list":["post-20123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-coins","tag-fallen","tag-holdouts","tag-top"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/06\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvZTUyZDg1NTQtNzk4Yy00Y2JjLWI1MWQtZDJkM2ZjYjMwZmI5LmpwZw.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20123"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20123\/revisions"}],"predecessor-version":[{"id":20125,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/20123\/revisions\/20125"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/20124"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20123"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}