With the exception of BNB, the prices of all the top 10 cryptocurrencies will be green on June 9 today – albeit minimally. The Bitcoin price continues its sideways trend in style with a daily increase of 0.06 percent, while Ethereum investors can look forward to an increase of 0.55 percent. Cardano (ADA) secures the largest daily increase within the top 10 with at least 3.05 percent.
Within the top 50 altcoins, things are a little different. For example, Tezos (XTZ) can report an increase of 6.58 percent, while Chainlink (LINK) has increased 5.15 percent within 24 hours. But there are also outliers in the other direction on today’s trading day. Here are the biggest altcoin losers of the day.
Elrond (EGLD) Course: The Bears settle down
Elrond (EGLD) course in a 24-hour comparison. Source: Coinmarketcap
With a price decline of 4.57 percent, Elrond (EGLD) will take the crown of the top 50 daily losers on June 9 today. A token of the blockchain project, which – similar to Polkadot – focuses on the creation of a cross–blockchain network, is currently available at a price of 63.57 US dollars.
Elrond investors also had to record losses in a week-on-week comparison: the EGLD price is down almost 16 percent. On a monthly basis, the picture is even more clouded: minus 40 percent.
Elrond set its all-time high last November at $545.64. So there is still a lot of room for improvement at EGLD. The altcoin can be purchased at all commercially available crypto exchanges – including eToro and Binance.
ApeCoin (APE) course: The decline continues
Actually, the team behind ApeCoin (APE) and the Bored Ape Yacht Club (BAYC) reports almost every week messages that should drive up the price of the altcoin: from NFTs to its own token to its own metaverse. But day after day and week after week, the ApeCoin price is in the red – with a few exceptions.
Even today, ApeCoin investors have to put up with a loss of 2.42 percent. On a weekly basis, it is even 4.56 percent and on a monthly basis, the APE rate is losing 28.18 percent.
BTC-ECHO editor-in-Chief Sven Wagenknecht took up the topic a short time ago: ApeCoin (APE): Short hype or gamechanger?
NEAR Protocol (NEAR) course: Almost 50 percent minus in a month
NEAR Protocol (NEAR) course in a 24-hour comparison. Source: Coinmarketcap
1.36 Percent loss within the last 24 hours, that doesn’t sound like a particularly bad result at first. However, if you look at the price of NEAR Protocol (NEAR) in longer periods, you will find that investors lost 2.9 percent on the weekly view, just under 45.5 percent on the monthly view. With a current price of $ 5.25, the altcoin is only worth about a quarter of its all-time high, which the NEAR price set on January 16 this year.