cryptocurrency Analysis company IntoTheBlock showed that its investors suffered the most losses in its latest chart. altcoin announced his projects.
According to the data, the leader is Algorand (ALGO), where 91% of token holders are at a loss, according to onchain data.
Then, Sandbox (SAND) and Arbitrum (ARB) come in second and third place, with investors losing 84.58% and 83.43%, respectively.
The entire list is shaped as follows, including the proportion of token holders who are at a loss, according to onchain data:
- Algorand (ALGO) – 91%
- Sandbox (SAND) – 84.58%
- Arbitrum (ARB) – 83.43%
- Axie Infinity (AXS) – 79.04%
- Chiliz (CHZ) – 69.43%
- Cardano (ADA) – 60.01%
- Aave (AAVE) – 55.21%
- Lido DAO (LDO) – 55.01%
- Uniswap (UNI) – 52.02%
- Chainlink (LINK) – 48.35%
However, the overall cryptocurrency market is currently experiencing significant declines from recently reached peaks. Bitcoin price had to fall below $60,000 and fell almost 5% on the day.
On the Ethereum side, the situation looks a little more negative. The world’s largest altcoin has fallen 6.65% in the last 24 hours. BNB, the second largest altcoin, has not recovered sufficiently and lost 3% of its value during the day, despite former Binance CEO Changpeng Zhao receiving a lesser-than-expected prison sentence.
*This is not investment advice.
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