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Ampleforth [AMPL] Sinks By 16%, Leads Top 50 Crypto Market Losers

The market leaves different coins with peculiar effects. Few altcoins that were initially recording massive gains are now seen dropping and giving in to selling pressure. Among those described are SNX and OMG which have both lost around 12% altogether.

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In today’s record of top losers, we present Ampleforth with a couple of other cryptos that seem to be having a bad time riding the alt season. 

#1. Ampleforth (AMPL 16.7% Loss):

Coming 1st place today is AMPL. The top loser crypto accrued a loss of around 17% within the last 24 hours.

Around 9.1 of 10 (91%) of market participants think more buying pressure will skyrocket the price of AMPL within the next 24 hours.

AMPL, like the others on the list, had a good year, accruing gains up to 102.1%. Within the last seven days, nonetheless, the cryptocurrency lost around 18% of its value. The accrued loss came before two-week gains of 35.5% and the disparity leaves the top loser at profit. In the last hour, the coin is down by 0.5%.

Currently trading at $2.58, AMPL has a market capitalization of $392 million amid exchange volume values at $30 million on a 24 hours average.

#2. Synthetix Network Token (SNX 14.0% Loss):

SNX holds the second place on our record today. The crypto has lost around 14% since the last day.

Around 91% of market respondents guess SNX will accrue some gains by the end of the trading day.

The coin is one of the top gainers in a one-year timeline with about 1,276% gain since last year. SNX is up by around 151% since last month and 29.8% since last week. The coin keeps making gains to present with around 0.1 in the last hour.

The gains accrued yesterday is in correlation with Defi token mobilizing previously due to institutional attention to crypto which was conveyed lately by Grayscale.

SNX currently trades at $3.53 with an average daily market cap of $385 million.

#3. OMG Network (OMG 4.19% Loss):

After its popular rebranding from OmiseGo, OMG is taking a top spot in the free markets. Although, since yesterday, the coin is down by 4.19%.

Around 94% of market respondents think some buying pressure will set in on OMG and it appears the top coin is en route receiving gains to cancel out its year loss.

Within the last one year, OMG is down by merely 1.3% and has recorded gains in all time frames since last year. It records 17.6% gains since last month and 11.8% since last week. About 1% gain has also been recorded in the last hour.

The current price is $1.71 with an average market cap of $249 million. Also, over $91  million of volumes was recorded on the last day. This was a difference of around $29 million compared to the $120 million volume recorded a few days ago. 

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Dare Shonubi

Certified cryptocurrency expert and Blockchain journalist covering crypto market analysis and general Blockchain adoption and development.

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