Top Losers in the Crypto Market (Last 90 Days)
The last 90 days have been rough for several cryptocurrencies. Here are the top 4 coins with significant losses during this period:
1. Maker (MKR)
Price Drop: -31%
Overview: Maker (MKR) has seen a steady decline due to reduced DeFi activity and broader market challenges. MKR has been struggling as investors move away from DeFi, impacting the price.
Current Price: $1,350
Support Level: $1,278
2. Kaspa (KAS)
Price Drop: -28%
Overview: Kaspa (KAS) has faced significant challenges despite its blockDAG technology. Increased competition and a market downtrend have driven KAS prices lower.
Current Price: $0.038
Support Level: $0.1098
3. Arweave (AR)
Price Drop: -25%
Overview: Arweave (AR), a decentralized storage platform, has lost 25% of its value over the past 90 days. The price decline is linked to reduced demand for on-chain storage and competition from other storage protocols.
Current Price: $4.30
Support Level: $12.45
4. Toncoin (TON)
Price Drop: -25%
Overview: Toncoin (TON) has been under pressure, shedding 25% of its value. Despite its association with Telegram, TON has struggled with bearish market conditions.
Current Price: $1.85
Support Level: $4.444
Conclusion
The last 90 days have been challenging for many coins, with Maker, Kaspa, Arweave, and Toncoin suffering substantial losses. Monitoring their key support levelsโ$1,278 for MKR, $0.1098 for KAS, $12.45 for AR, and $4.444 for TONโwill be crucial for potential traders looking for recovery opportunities.
