Today's Most Depreciating Altcoins – March 11, 2023 - Coinleaks
Current Date:September 21, 2024

Today’s Most Depreciating Altcoins – March 11, 2023

The negative news that shook the crypto market continues, we have compiled the cryptocurrencies that lost value by being most affected by these negative news.

When we look at the future for the crypto market, scandalous events have been developing especially in the last weeks. The most striking of these are problems with stablecoinsAnd negative news in banking activities it happened. With the collapse of BTC, incredible value losses continue in altcoins.

what about today Which atlcoins lost the most value?

1- Frax Share (FXS)

FXS is basically the native cryptocurrency of the Frax protocol.The Frax protocol is the largest cryptocurrency by market capitalization Bitcoin ( BTC) rather than digital assets with a similarly fixed supply, high performance exhibiting scalableis a platform that aims to provide algorithmic cryptocurrencies. is protocol . In addition, it is aimed that the Frax project will work through cross-chain applications. FXS lost 13.94 percent today. -most A lot falling altcoin‘I it happened.

2- Maker (MKR)

MCR, dollars indexedway DAIoffered to stabilize and support the price of the token. clever agreement is the platform . There are two cryptocurrencies on the MKR platform, one of which is Maker ( MKR) and the other DAI is . DAI is a cryptocurrency stablecoin. MKR lost 13.30 percent, making it the second most declining altcoin of the day.

3- Optimism (OP)

Offering a second layer blockchain solution KISS works on ETH. Ethereum mainnet security It helps scale the Ethereum ecosystem using the system. In this system, transactions do not need trust. KISSwhen saving on the original security Ethereum by provided is happening . OP lost 8.99 percent, making it the 3rd most declining altcoin of the day.