After the volatile movements of the crypto market, sharp decreases were also observed in altcoins, we have compiled today’s most falling altcoins.
Binance-sided crises, especially CZ-sided claims, had hit the crypto market in the past days. Fluctuating movements continue to be experienced in Bitcoin (BTC), which is on its way to 29 thousand dollars. Big drops were observed in many altcoins as the leader of cryptocurrencies tested the support level. We have compiled today’s most depreciating altcoins.
1- Mask Network (MASK)
MASK is a protocol that creates a bridge between the current Internet Web 2.0 and Web 3.0, enabling users to transmit encrypted messages and crypto money over Twitter and Facebook. The main purpose of Mask is to expand the freedom of users on the internet and social media networks against censorship, and to provide more privacy in social media. MASK lost 10.64 percent, becoming the 3rd lowest altcoin of the day.
2- Arbitrum (ARB)
Arbitrum (ARB) is a layer 2 solution designed to enhance the capabilities of Ethereum (ETH) smart contracts. Arbitrum improves the speeds and scalability of Ethereum smart contracts while also offering additional privacy features to boot.
3- XRP (XRP)
XRP coin is the native cryptocurrency of XRP Ledger (XRP Ledger). XRP Ledger does not require mining and multiple confirmation mechanisms. This makes XRP Ledger faster and more efficient in processing than Bitcoin and most other cryptocurrencies. On the Ripple network, approximately 1,500 transactions occur per second.
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