As of Saturday, May 3, 2025, at 9:07 PM +06 in Bangladesh, the "Losers Market" on Binance would highlight cryptocurrencies that have experienced the most significant price decreases in the recent 24-hour period.
Based on available information, here's a snapshot of some of the top losers you might find:
* INIT (INIT): This cryptocurrency experienced a steep decline of around -18.81% in the past 24 hours. Such a significant drop could be due to various factors like low liquidity, profit-taking, or broader market conditions affecting smaller market capitalization assets. As of April 28, 2025, its last price was around $0.6780.
* DEGO (DEGO): Known for its DeFi and NFT infrastructure, DEGO also saw a substantial price decrease of about -18.20% in the last 24 hours. Market sentiment towards DeFi tokens can be volatile, contributing to such price movements. On April 28, 2025, it was trading around $1.951.
* HYPER (HYPER): This mid-cap token witnessed a price reduction of approximately -14.73% in the last 24 hours. Mid-cap tokens often exhibit higher volatility, and their price can be sensitive to news or speculation within their ecosystem. As of April 28, 2025, HYPER was priced at about $0.1986.
* FLM (Flamingo Finance): This DeFi token built on the Neo blockchain experienced a fall of around -13.87% in its price over the past 24 hours. Despite ongoing efforts to revitalize its ecosystem, FLM's price can be influenced by the overall sentiment in the DeFi sector. On April 28, 2025, FLM was trading at approximately $0.0354.
* JST (JUST): The governance token of the JUST DeFi platform on the TRON network saw a decrease of about -11.72% in its value in the last 24 hours. While the TRON network has seen some positive developments, individual projects like JST can still be affected by broader market dynamics. As of April 28, 2025, JST was priced at around $0.03715.
* ALPACA (Alpaca Finance): This lending protocol known for leveraged yield farming also experienced a double-digit loss of about -11.66% in the last 24 hours. A decline in yield farming returns across the DeFi space could be a contributing factor to ALPACA's negative performance. On April 28, 2025, ALPACA was trading at approximately $0.2084.
It's important to remember that the cryptocurrency market is highly volatile, and the list of top losers can change rapidly. The reasons for these price drops can be varied, including market corrections, negative news, profit-taking, or specific issues related to the individual projects. Investors and traders should always conduct their own research and exercise caution when dealing with volatile assets.
