The cryptocurrency market has seen losses exceeding 20% as the Fed took a hawkish stance due to out-of-control inflation, which handed over control to the bears. On the decline, Bitcoin registered $34,820, Ethereum at $2,330.25, the lowest since July. Phantom and Polkadot were among the most sought-after altcoin projects on the Binance exchange during the decline. Let’s list 14 altcoin projects that became popular on Binance during the corrective price movements of January 21.
14 most wanted altcoin projects in decline
Visualizing statistics on cryptocurrencies, CryptoDiffer shared the 14 most sought-after altcoin projects in the fall. According to the data, the exchange’s native cryptocurrency Binance Coin (BNB) continues to lead. Phantom (FTM), which is in the second place of its list, recently broke a record with a TVL of $ 10 billion. Maintaining its popularity on the Binance exchange throughout the process, FTM is the fastest recovering altcoin with 10% rise today. Third-place Polkadot (DOT) has recently moved towards the first Ethereum virtual machine (EVM) compatible smart contract protocol. However, its loss compared to last week exceeds 30%. DOT showed no signs of a strong recovery today. Bitcoin (BTC), which is in the fourth place of the list, is holding just above 35 thousand dollars after 4 consecutive red candles. The leading cryptocurrency is down 48% from its ATH of $68,789.63 on November 10. Rounding out the top five on the list is League of Kingdoms Arena (LOKA), a free-to-play Blockchain MMO strategy game. LOKA is listed exclusively on the Binance exchange and this week Binance completed its subscription format on luancpad.
cryptocoin.com According to CryptoDiffer data, which we have quoted as , the most sought-after altcoin projects on the Binance platform are completed with the following altcoin projects.
- ETH
- ISLAND
- SHIB
- LEFT
- MATIC
- ATOM
- MEANING
- AVAX
- LUNA
- DOGE
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