24/7 Cryptocurrency News

Top Crypto Losers For Today: ApeCoin (APE), Chainlink (LINK), Polkadot (DOT) Prices Tumble Down

The top cryptocurrencies which contributed to today's losses in the broader crypto market included ApeCoin, Chainlink, and Polkadot.
Published by
Top Crypto Losers For Today: ApeCoin (APE), Chainlink (LINK), Polkadot (DOT) Prices Tumble Down

On Tuesday, the crypto market failed to carry forward yesterday’s gains as the global crypto market capitalization was below the 1 trillion mark and was down 1.54% at $853.82 Billion compared to the last day. The total crypto market volume in the previous 24 hours is $38.97B, which makes a 13.85% increase.

Meanwhile, the world’s largest cryptocurrencies, Bitcoin and Ethereum, were down 1.87% and 2.79% at $17,009.28 and $1,261.68, respectively. The biggest token is down almost by three-quarters from its record high of $69,044.77 on November 10, 2021.

Advertisement

Top Crypto Losers today:

The top cryptocurrencies which contributed to today’s losses in the broader market included ApeCoin (APE), Chainlink (LINK), and Polkadot (DOT), down 4.83%, 4.12%, and 4.10%.

ApeCoin (APE):

During the intraday trading session today, ApeCoin was spotted trading 4.83% lower over the last 24 hours at USD$3.98 USD with a 24-hour trading volume of USD$162,658,371. At the time of writing this article, the altcoin had a market cap of USD$1,436,541,695 USD. ApeCoin has a circulating supply of 361,250,000 APE coins and a maximum supply of 1,000,000,000 APE coins.

 

Chainlink (LINK):

The live Chainlink price today is USD$7.24, down 4.12%, with a 24-hour trading volume of USD$234,282,411. The altcoin has a live market cap of USD$3,676,782,894. It has a circulating supply of 507,999,970 LINK coins and a maximum supply of 1,000,000,000 LINK coins.

 

Polkadot (DOT):

The live Polkadot price today is USD$5.48, with a 24-hour trading volume of USD$165,945,054. Polkadot is down 4.10% in the last 24 hours. It has a current market cap of USD$6,274,133,167.

Meanwhile, other cryptocurrencies which fell into today’s losers list included Cronos (CRO), Dogecoin, XRP, and Maker.

Major US indices close in red on Monday:

Major US indices closed in red on Monday. The S&P 500 was down 1.79%, Nasdaq Composite slumped 1.93%, while the Dow Jones Industrial Average settled 1.4% lower. The downturn came after a higher-than-expected Institute for Supply Management November services raised investor concerns about the Fed’s plan to increase interest rates in December.

Other significant developments in the crypto industry that are likely impacting the overall performance of the market:

A report by Reuters indicated that a U.S. agency that probes allegations of misleading conduct confirmed Monday that it had probes open into several cryptocurrency companies for “possible misconduct.”

Advertisement

Orthogonal Trading receives default notice:

Meanwhile, in what is seen as a big blow to undercollateralized lending protocols, Blockchain-based lending platform Maple Finance has reportedly severed ties with crypto firm Orthogonal Trading over allegations that it was “misrepresenting its financial position.”

A default by Orthogonal comes at a time when undercollateralized lending protocols grapple with a liquidity crunch and the fallout from FTX’s implosion.
The move came after Orthogonal was due to repay a $10M USDC stablecoin loan from a credit pool managed by M11 Credit on December 4.

It is to be noted that Orthogonal’s lapse is the second time a borrower defaulted on Maple after Babel Finance failed to service its debt in June.

Advertisement

Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and 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.
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.

Recent Posts

  • 24/7 Cryptocurrency News

USDH Launch Boosts Hyperliquid Amid Competitive Market Pressure

Native Markets has staked and locked 200,000 HYPE tokens for three years, making USDH the…

September 28, 2025
  • 24/7 Cryptocurrency News

SEC to Decide on Six Spot XRP ETF Applications in October

The U.S. Securities and Exchange Commission (SEC) is preparing for a key week in October…

September 28, 2025
  • 24/7 Cryptocurrency News

Ripple Partners with Ondo Finance to Tokenize U.S. Treasuries on XRPL

Ripple has partnered with Ondo Finance to combine traditional finance with blockchain technology. This partnership…

September 27, 2025
  • 24/7 Cryptocurrency News

Ethereum Exchange Supply Drops 52% as $3,700 Liquidation Risk Grows

Ethereum’s exchange supply has dropped by more than 52% from their 2016 levels, hitting a…

September 27, 2025
  • 24/7 Cryptocurrency News

XRP News: mXRP Vault Surpasses $22M as Investors Capitalize on Staking Rewards

Axelar and Midas's mXRP vault has surpassed $22 million in deposits within days of launch.…

September 27, 2025
  • 24/7 Cryptocurrency News

Galaxy Digital CEO Calls Next Fed Chair Bitcoin’s Bull Catalyst, Sets $200K BTC Target

Galaxy Digital’s CEO believes that the appointment of the next Fed chair could trigger Bitcoin…

September 27, 2025