Top Losers Cryptocurrencies See Major Drops Amid Volatile Market

• Zcash leads market losses with a 16.13% drop but maintains high trading volume.
• Binance Coin’s price drops 10.18%, yet its trading volume remains significant.
• Despite losses, active trading continues across major cryptocurrencies like FET, MNT, and PUMP.

The crypto market has experienced major instability over the last 24 hours, with several top losers. Zcash (ZEC), Artificial Superintelligence (FET), and Binance Coin (BNB) are among the top losing cryptocurrencies, showing price declines. Despite these losses, the high trading volumes for these tokens show that market activity remains strong, with investors continuing to engage actively despite the downturn.

Zcash (ZEC) was the biggest loser in the market, dropping by 16.13% in just 24 hours. Its price fell to $226.71, and it saw a trading volume of $627,115,031. Despite the decline, the volume confirms that Zcash still has a high level of market activity, suggesting investor involvement even during this downturn. Following behind was Artificial Superintelligence (FET), which saw a 12.12% decrease, dropping to a price of $0.3387. FET’s trading volume stood at $244,288,065, showing that the token continues to attract traders despite its price drop.

Source: CoinMarketCap

Other Major Losers Include Mantle and Aster

Other notable cryptocurrencies experiencing losses include Mantle (MNT) and Aster (ASTER). Mantle saw an 11.49% decline, with its price falling to $1.97, while Aster dropped 11.47%, with a price of $1.35. These losses are part of a broader trend affecting the market, where even well-established tokens are facing volatility. Pump.fun (PUMP), a smaller token, saw an 11.40% decline, bringing its price to $0.003802.

Binance Coin and SPX6900 Among the Top Losers

Binance Coin (BNB) also experienced a 10.18% drop, now trading at $1,210.39. However, despite the decline in price, BNB continued to see a massive trading volume of $11,470,575,452. This high volume indicates that, even in a market downturn, there is high engagement with BNB, which means investors are still trading or buying into the token at current levels.

In addition, SPX6900 (SPX) dropped by 9.60%, Morpho (MORPHO) declined by 9.40%, and ether.fi (ETHFI) fell 7.90%. These losses contribute to the overall downward trend in the market, with several cryptocurrencies seeing significant drops over the past day.

Despite the widespread losses, the trading volumes for these top losing cryptocurrencies indicate that market participants are still actively trading. For instance, BNB’s high trading volume despite the price decline points to continued investor interest. Similarly, other major tokens, such as Cronos (CRO), Pendle (PENDLE), Worldcoin (WLD), and Hyperliquid (HYPE), all of which experienced losses between 7.06% and 7.81%, still exhibited large trading activity.