In a growing market, only 8 coins out of the top 100 by capitalization showed negative dynamics. The difference between the growth rate of the leaders and the depth of the fall of the sector's losers was more than 100%.
The worst result in September was shown by Monero (#XMR ). The largest privacy coin lost 10% of its value as a result of the rate falling from $168.23 to $154.21. Due to the reduction in capitalization to $2.84 billion, the cryptocurrency fell to 37th place in the global ranking. Overall, since the beginning of the year, XMR has fallen by 6.9%. After reaching a local maximum in June at $180.72, the price went into a correction with large rebounds.
Maker (#MKR ) is the second worst performing coin in the world. In September, the cryptocurrency fell in price by 8.9%, from $1,750 to $1,600. The offer price fell to $1.41 billion.
Maker's price has been falling since April 2024 after reaching a three-year high of $3,960. In total, the coin has increased slightly by 0.6% since the beginning of the year.
POL ($POL ) rounds out the top three market losers. Polygon developers released a new version of the native cryptocurrency at the end of 2023. In September, the coin price dropped by 3.5%, and its capitalization fell to $3.01 billion. As a result, POL dropped to 35th place in the global ranking.
In total, since the beginning of the year, the coin has fallen in price by 57.8% (from $0.95 to $0.4). The historical maximum price was reached in March 2024 at $1.29.
The top five cryptocurrencies with the worst performance in September also included:
KuCoin (KCS): The asset's price fell by 3.3%, the trading offer value decreased to $955.37 million.
Polygon (MATIC). The classic coin of the blockchain of the same name fell in price by 3%. The capitalization decreased accordingly — to $1.17 billion.$HMSTR $DOGS