Top 5 Altcoin Losers of the Week Market Correction Deepens

The crypto market has entered choppy waters, and several altcoins have been hit hard amid shifting investor sentiment. This week, meme coins and mid cap tokens saw significant pullbacks as capital rotated into safer bets or remained sidelined. Here's a breakdown of the Top 5 altcoins with the biggest losses over the past 7 days:

1. Fartcoin Down 31.19%

Once a meme-driven favorite, Fartcoin took a nosedive this week, losing over 31% and dropping to $0.9300. Despite a hefty $930M market cap and $147.6M daily volume, sentiment around the token has cooled. This drop reflects how quickly speculative interest can dry up in risk-off environments.

2. Bonk Down 25.62%

The Solana-based meme coin BONK has seen a sharp retracement, falling to $0.00002552. With a $2B market cap and a robust $364.8M in trading volume, BONK still has traction but its recent losses raise questions about long-term sustainability as hype fades.

3. Virtuals Protocol VIRTUAL Down 23.56%

Despite a modest 1.70% bounce in the past 24 hours, Virtuals Protocol is still down nearly 24% this week. Priced at $1.21, the project holds $794M in market cap and $164M in volume. Liquidity remains strong, but confidence in sustained momentum appears to be waning.

4. Jupiter Down 21.01%

Jupiter, a key player in the Solana ecosystem, slipped to $0.4533, marking a 21% drop. Though its $1.38B market cap shows its significance, the steep correction could shake short-term holders. However, long-term investors may see this as a strategic accumulation point.

5. PENGU Down 20.92%

Despite being one of the most talked about NFT projects, PENGU dipped nearly 21%, now priced at $0.03448. Still, with a $2.16B market cap and $596M daily volume, its strong brand presence might provide resilience if the NFT market revives.

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