Top 3 Worst Performing Avalanche Tokens : Avalanche, SpookySwap, SushiSwap Down This Week

Shourya Jha
December 12, 2022
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AVAX Price Prediction

Worst Avalanche Tokens This Week: The tokens in the Avalanche chain have fallen this week as the market continues to be bearish, even towards the end of the year. Major coins in the chain have slipped, thus, trading in red in the last 7 days.

Tether is neither at a gain nor loss.

As of writing, Ren has dipped by 18.21% this week. Anyswap is down by 3.74%. Frax has dropped by 0.50%. Bifrost slashes by 12.24%.

The market cap of Avalanche chain is 82.769 billion USD. Trading volume has seen a jump of 38.08%. 

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Here is a list of 3 worst performing tokens in Avalanche Chain this week:

Avalanche (AVAX)

Avalanche token has plunged by 10.78% in the last 7 days, with a drop of 5.01% in the last 24 hours. The market cap stands at 3.529 billion USD. Trading volume has seen a jump of 45.08%. Each AVAX token is selling at 12.81 USD. AVAXSource: coinmarketcap

SpookySwap (BOO)

SpookySwap has fallen downwards by 6.64% this week. It has been down by 3.21% in the past day. The market cap stands at 12.011 million USD. Trading volume is soaring by 802.01%. Each token is selling for 1.32 USD.Avalanche Tokens: BOO Source: coinmarketcap

SushiSwap (SUSHI)

SushiSwap is the worst performing token in the chain with a plunge of 19.32% in the past 7 days. It is down by 4.49% in the last 24 hours. The market cap is currently at 248.412 million USD. Each coin is costing 1.12 USD, as of now. Trading volume has seen a boost of 135.73%. Avalanche Tokens: SUSHISource: coinmarketcap

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Conclusion

The bear market seems to continue as all the big coins in the crypto market have been painting red charts. Thus, the reaction of coins in Avalanche chain is also negative.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Shourya is a fintech enthusiast who mainly reports on Cryptocurrency Prices, Union Budget, CBDC, and FTX collapse. Connect with her at [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.