Here are 5 cryptocurrencies that have lost significant value over time:
1. *Terra (LUNA)*: Collapsed in May 2022 due to a loss of peg for its stablecoin, TerraUSD (UST), resulting in a loss of over $40 billion in market value. 2. *FTX Token (FTT)*: Lost significant value after the collapse of FTX exchange in November 2022, with its price plummeting from around $25 to under $2. 3. *Celsius (CEL)*: Lost value after Celsius Network, a crypto lending platform, froze withdrawals and filed for bankruptcy in June 2022. 4. *Voyager Token (VGX)*: Lost value after Voyager Digital, a crypto brokerage firm, filed for bankruptcy in July 2022. 5. *BlockFi (BFI)*: Lost value after BlockFi, a crypto lending platform, froze withdrawals and filed for bankruptcy in November 2022.
These examples highlight the risks and volatility associated with cryptocurrency investments. Always do your own research and consider the risks before investing.
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