- TON, ADA and SOL among the worst results in the top 50
- Top meme coins SHIB, DOGE bleeding
The aggregate cryptocurrency market capitalization is down 1.6% in the last 24 hours, but top-tier altcoins Toncoin (TON), Cardano (ADA), and Solana (SOL) see the most pressure. Major meme coins are also losing billions of their market capitalization today.
TON, ADA and SOL among the worst results in the top 50
Among the top 50 cryptocurrencies by market capitalization, Toncoin (TON), Cardano (ADA) and, in particular, Solana (SOL) are in the red today. Solana (SOL) lost 3.8% of its capitalization overnight. With SOL price falling to $137, USDC overtakes Solana (SOL) as the fifth largest altcoin.
Toncoin (TON), the main native cryptocurrency of the eponymous blockchain linked to Telegram, is down 2.8%. TON price has fallen to $1.59 and the asset is now on the verge of losing its place among the top 40 assets by market capitalization.
Cardano (ADA), another major cryptocurrency, lost 3.2% of its price. ADA plummeted to $0.4189 as its net capitalization reached $15.2 billion.
Aptos (APT), an AltVM blockchain and the “Solana killer,” has the worst performance in the top 100. After losing 8.2%, its price plummeted to $2.04 and its capitalization failed to stay above the $1.5 billion level.
Both Bitcoin (BTC) and Ethereum (ETH) appear stronger, losing around 2% each. Ethereum (ETH) is struggling to defend the $3,000 level.
Top meme coins SHIB, DOGE bleeding
Bitcoin (BTC), the largest cryptocurrency, stands at $90,900. Bitcoin (BTC) capitalization reached $1.81 trillion after $40 million in long positions were wiped out.
The community’s top meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB), are also decimated today. Dogecoin (DOGE), the largest meme cryptocurrency, lost 3.8% and the price of DOGE fell below $0.15.
Shiba Inu (SHIB), the second largest meme coin, lost 4.5%. SHIB price touched $0.000008503 with its capitalization below $5 billion.
Memecore (M), Sky (SKY), and Quant (QNT) are the only cryptocurrencies in the green zone besides the wrapped tokens.