📉 Top 5 Most Disappointing Cryptocurrencies in the Last 24 Hours

According to Mlion.ai analysis, the following 5 mainstream cryptocurrency tokens have performed the most disappointingly in the past 24 hours, with declines exceeding 6%:

🥇 Most Disappointing: XRP (-8.64%)

XRP ranks first in disappointment with a decline of 8.64%, currently priced at $3.21. Despite significant trading volume, XRP has still dropped sharply, with a 24-hour trading volume reaching $13.699 billion, indicating strong selling pressure in the market.

Reason for Disappointment:

- U.S. inflation data exceeded expectations (core PCE reached 2.8%), directly impacting the expectations for payment tokens.

- The combination of high trading volume and significant decline suggests that institutional funds are actively withdrawing.

🥈 Second Disappointment: DOGE (-8.22%)

Dogecoin DOGE has decreased by 8.22%, with the price falling to $0.24 and a 24-hour trading volume of $14.078 billion. As the leader in meme coins, DOGE's decline reflects a sharp deterioration in market risk appetite.

Reason for Disappointment:

- Meme coins often take the brunt during market panic.

- High trading volume indicates severe panic selling by retail investors.

🥉 Third Disappointment: SHIB (-7.97%)

Shiba Inu SHIB has dropped by 7.97%, with a 24-hour trading volume of $487 million. SHIB's performance further confirms the fragility of speculative assets.

Reason for Disappointment:

- Relatively low trading volume indicates insufficient liquidity, exacerbating price volatility.

🏅 Fourth Disappointment: XLM (-7.38%)

Stellar XLM has decreased by 7.38%, priced at $0.43, with a 24-hour trading volume of $1.031 billion. XLM faces similar macro pressures as XRP.

Reason for Disappointment:

- Payment tokens collectively suffer, reflecting market concerns about future economic prospects.

🏅 Fifth Disappointment: ADA (-7.32%)

ADA has dropped 7.32%, priced at $0.82, with a 24-hour trading volume of $1.925 billion. ADA's significant decline reflects a loss of market confidence in blockchain infrastructure projects.

Reason for Disappointment:

- Intense competition among smart contract platforms, with ADA relatively slow in technological progress.

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