Well, well, well, folks! Despite a few brief “yay, we’re back!” moments last week, the crypto market is back to its dramatic, rollercoaster self. Bitcoin‘s doing the limbo under $115,000, and the rest of the gang isn’t looking too hot either. Grab your popcorn because here are the top five crypto losers taking the biggest hits today. 😬
Hyperliquid (HYPE) – More Like “Hype-Down,” Am I Right?
Hyperliquid is basically the sad puppy of the crypto world today, dropping 9.35% in just 24 hours to trade at $39.35. Over the past week, it’s lost 7.90%. Ouch! But hey, at least it’s hanging on with a market cap of $13.1 billion. Guess it’s hard to stay liquid when you’re drowning in a pool of red. 🐶
SPX6900 (SPX) – More Like “SPXploding”… Downwards
SPX6900 couldn’t catch a break, falling 8.79% today to a mere $1.64. It’s not even an “up, down, up” scenario anymore; it’s just all downhill with a nearly 5% weekly drop. Market cap? $1.53 billion, but who’s counting? Definitely not anyone holding this bag. 📉
Pendle (PENDLE) – Pendle, You’ve Got Some Explaining to Do!
Oh Pendle, how you’ve fallen. A 24-hour drop of 8.66%, bringing your price to a mere $4.01. This week? Even worse—down more than 10%! It’s holding strong at a market cap of $666 million, though. Coincidence? We think not… looks like the devil’s in the details. 😈
Curve DAO Token (CRV) – Sinking in the Curve, Not in a Good Way
Curve’s governance token isn’t feeling the curve today—it’s down 8.39%, sitting at $0.91. Weekly loss? A whopping 14%! Looks like DeFi is losing its magic touch, and liquidity protocols are feeling the burn. Try to keep your balance, CRV! 🏊♂️
Virtuals Protocol (VIRTUAL) – Virtual Gains? More Like Virtual Pain!
And in the final slot, it’s Virtuals Protocol, taking a 6.38% dive to land at $1.23. But wait, the seven-day loss is a horrific 18.76%. Somebody send this token a life raft because it’s sinking fast, despite some decent trading volume. 🌊
The Market Outlook: Hold On Tight, It’s Gonna Be a Bumpy Ride!
So what’s the takeaway here, folks? Crypto is still as temperamental as ever, with traders pulling back and market uncertainty making everyone sweat. Sure, Bitcoin and Ethereum are hanging in there, but mid-cap and DeFi tokens are definitely having a rough go. Brace yourselves, it’s looking like more turbulence ahead! 🚨
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2025-08-01 18:50