🚨BIG Losers s from a cryptocurrency market ranking, specifically for USDT pairs👇👇.
Key Observations:
1. Top Losers (24h):
The biggest loser is $ZEN /USDT with a -12.73% decrease in the last 24 hours.
CVX/USDT, $LPT /USDT, and $AUCTION /USDT also exhibit significant losses, ranging between -11.86% to -11.97%.
2. Percentage Change:
All cryptocurrencies listed have lost more than 10% of their value in the past 24 hours.
The smallest percentage drop in this list is for BAT/USDT, down by -10.36%.
3. Last Prices:
The last traded prices (in USDT or corresponding local currency) vary significantly, indicating a range of market caps and investor interest:
Highest: ZEN/USDT (38.81 or ₹10,789.95).
Lowest: G/USDT (0.03062 or ₹8.51).
4. Leveraged Pairs:
Most pairs mention leverage (e.g., 5x or 10x), suggesting these assets are part of a margin trading offering. This increases both potential gains and risks for traders.
5. Market Impact:
The declines could be due to various factors like market correction, low liquidity, or negative news/events.
Recommendations for Traders:
Risk Management: If trading on leverage, ensure proper stop-loss orders to mitigate risks.
Market Research: Investigate reasons behind these declines (e.g., fundamental news or technical patterns).
Diversification: Avoid over-concentration in high-volatility assets like those listed.
