Worst Performing 3 DeFi Tokens This Week: SushiSwap, Curve DAO Token, and Chainlink Are The Coins That Plummeted Most
This week, most of the coins in the crypto market had been trading in red. The result of this is that most coins on DeFi have been trading in the negative as well. Nevertheless, the coins are showing some recovery today.
Numeraire has been the biggest loser in the last 7 days with a drastic decrease of 29.54%. Chrono.tech dropped by 19.58%. Aave slashed by 7.23%. Synthetix plunged by 4.50%. Fantom is down by 7.36%.
The market cap for the DeFi chain stands at 41.606 billion USD, an increase of 0.24% over the past day. Trading volume has dipped by 10.34%.
Here is the list of the 3 worst performing tokens this week in DeFi chain:
SushiSwap (SUSHI)
SushiSwap has taken a dip of 21.08% in the last 7 days. The coin has shown comeback signs today with an increase of 0.72% in the last 24 hours. The market cap stands at 249.072 million USD. Trading volume has dropped by 3.90%. SUSHI token is at 1.13584 USD. 
Source: coinmarketcap
Curve DAO Token (CRV)
With a drop of 9.94% in the last 7 days, Curve DAO Token market cap stands at 32.856 million USD. It is up by 0.46% in the last 24 hours. Each token is selling at 0.6059 USD. Trading volume has slashed by 1.35% over the past day. 
Source: coinmarketcap
Chainlink (LINK)
Chanilink has fallen downwards to 7.76% in the week. It is down by 0.69% in the last 24 hours. The market cap is currently at 3.027 billion USD. LINK token is costing 6.53 USD. Trading volume has dropped by 4.29% from the previous day. 
Source: coinmarketcap
Conclusion
As the market is getting back in green today, the tokens in the DeFi chain are also gradually recovering. However, in the last 7 days, the fall of these tokens has been drastic. It would be interesting to see if by next week the coins will be blooming in green.
- Breaking: CME to Launch 24/7 Crypto Futures Trading Amid Rising Institutional Demand
- Citigroup Predicts Bitcoin Could Climb to $231,000 in 12 Months
- Ethereum and BMNR Rallies as BitMine Drops $1B on ETH, Analyst Hails “Most Bullish Setup Yet”
- ASTER Deposits Flows Into Binance Wallets Following CZ Endorsement, Listing Incoming?
- Avalanche Treasury Seals $675M Deal With Mountain Lake to Build $1B AVAX Vehicle
- Solana Price Eyes $360 After Bullish Retest As VisionSys AI Deploys $2B Treasury Strategy
- Cardano Price Forecast As Hashdex Listing Fuels Optimism For $1.27 Breakout
- BONK Price Rally Ahead? Open Interest Jumps as TD Buy Signal Flashes
- Shiba Inu Price to Surge as Whales Buy and Team Commits to Shibarium Growth
- XRP Price Prediction After Ripple CTO David Schwartz Resigns
- SUI Price Eyes $4.5 as Coinbase Futures Listing Sparks Market Optimism
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.
