Crypto Market Losers: Top Decliners in the Past 24 Hours (Binance Snapshot)
1. BMT (0.1149 USD)
24h Change: -30.07%
Overview: BMT led the losers’ chart with a steep 30% drop, indicating strong sell pressure or a possible market correction following a recent pump.
2. HIFI (0.1716 USD)
24h Change: -28.56%
Overview: HIFI experienced a significant dip of nearly 29%. This could be due to profit-taking or negative market sentiment affecting the lending/DeFi-related token.
3. LAYER (1.1603 USD)
24h Change: -12.25%
Overview: LAYER, possibly a Layer-2 infrastructure token, declined by over 12%, likely driven by broader volatility in scaling solution assets.
4. SOLV (0.03792 USD)
24h Change: -11.51%
Overview: SOLV took an 11.5% hit. The token, associated with voucher and finance-related solutions, might have faced reduced volume or liquidity challenges.
5. KAITO (1.2891 USD)
24h Change: -8.88%
Overview: KAITO saw a drop of close to 9%. This AI or data-focused project may have been impacted by a general dip in AI-related crypto interest.
6. TST (0.0701 USD)
24h Change: -8.72%
Overview: TST rounds out the list with an 8.7% decline. While relatively smaller than the top losers, this suggests a continued downtrend across lower-cap tokens.
These sharp declines reflect the market's volatility and the need for caution among traders. Sudden downturns can be linked to profit-taking, macroeconomic news, token unlocks, or negative project-specific developments.
BUY AND TRADE HERE ON $BMT
BUY AND TRADE HERE ON $HIFI
BUY AND TRADE HERE ON $LAYER
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