Below is a list of coins with the largest price drops in the last 24 hours, helping investors to gain insights into the current market trends.
1. LTO - Price: 0.1145 USD (-7.06%) 🔻
LTO tops the list with a sharp decline of 7.06%, trading at 0.1145 USD. This is a significant drop, possibly due to profit-taking pressure or reduced investor appeal.
2. PEOPLE - Price: 0.06186 USD (-7.01%) 📉
PEOPLE decreased by 7.01%, now at 0.06186 USD. This coin may be struggling to maintain its appeal and facing significant selling pressure.
3. COW - Price: 0.5237 USD (-6.48%) 🐮
COW decreased by 6.48%, currently trading at 0.5237 USD. This may be a sign of a correction after a period of growth, or influenced by market factors.
4. NEIRO - Price: 0.002236361 USD (-6.27%) 🔽
NEIRO recorded a decrease of 6.27% with a price of 0.002236361 USD. This coin often exhibits high volatility, reflecting instability in investor sentiment.
5. LDO - Price: 1.26 USD (-6.19%) ⚠️
LDO decreased by 6.19%, currently at 1.26 USD. LDO is a popular coin, but is currently facing strong selling pressure.
6. SCR - Price: 0.682 USD (-6.12%) 📉
SCR decreased by 6.12%, trading at 0.682 USD. This is a considerable drop, possibly due to reduced interest from the community or market fluctuations.
7. TROY - Price: 0.004022 USD (-5.81%) 📉
TROY decreased by 5.81%, now at 0.004022 USD. This coin has experienced a significant price drop in the last 24 hours, reflecting a correction from previous gains.
8. TURBO - Price: 0.008869 USD (-5.67%) 🔻
TURBO recorded a decrease of 5.67% and is trading at 0.008869 USD. The strong volatility of TURBO indicates short-term instability.
9. OM - Price: 1.39 USD (-5.61%) 📉
OM decreased by 5.61%, now at 1.39 USD. This coin has faced strong selling pressure, possibly due to general market sentiment or internal project factors.
10. TRB - Price: 53.16 USD (-5.27%) 🔻
TRB decreased by 5.27%, trading at 53.16 USD. Although the value of TRB remains high, this decline may reflect a short-term correction after a period of growth.
Conclusion 🛑
The above list shows coins with significant price drops in the last 24 hours, reflecting market correction trends. This may present an opportunity for investors to monitor and consider reasonable entry points. However, with high volatility, investors should weigh and analyze carefully before making investment decisions in these coins.