Worst and best performers in crypto sell-off: IOST down 22%, one coin not affected

14 Nov, 2018
by Jelmer van der Dussen
News
Worst and best performers in crypto sell-off: IOST down 22%, one coin not affected

With Bitcoin breaking major support today, the whole market is tumbling down. Most altcoins are being hit much harder than BTC, with the worst performers in the top 100 dropping over 20 percent in value.

IOST saw a slightly downwards trend before the drop already, and got the biggest hit from the market crash. The 58th ranked project is now down close to 23%. WAX has seen a loss of 21,7% and Ravencoin lost 20% of its worth. Hypercash, Basic Attention Token, Ark, Mixin, Reddcoin, aelf and Decentraland are among the worst performers as well, with losses of 18-20%.

Read more: Why is Bitcoin crashing? Are US investors selling off to avoid huge taxes?

Etheera still going strong
In a market that is almost completely red, one project stands out. Etheera doesn't seem to be affected by the crash at all and keeps climbing up, gaining over 11% in the last 24 hours. Stablecoins such as Circle's USD Coin, True USD and Paxos are all trading above $1 at the time of writing. During market crashes, these coins are often used as safe havens by investors.

Top 10
In the top 10, Bitcoin Cash is by far the worst performer. $BCH dropped 17% in the last 24 hours. Cardano and EOS (both down 13%) are also heavily affected by the crash.

Follow Chepicap now on Twitter, Telegram and Facebook!

Poll

Will Bitcoin drop even more in the near future?

(32 votes)

Add a comment

Check out the latest news

You will be logged out and redirected to the homepage