Worst Polkadot Tokens This Week: Polkadot, Chainlink, Kusama Remains The Worst Performer In Polkadot

Shourya Jha
December 16, 2022
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights 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.
Polkadot Tokens

Worst Polkadot Tokens: The tokens in Polkadot have plunged in the last 7 days. The market continues to be bearish as FED has announced rate hikes.

Ankr drops by 2.89% in the past 7 days, dipping by 2.37% in the last 24 hours. Moonbeam falls by 12.06% in the week and by 4.40% today. Injective is down by 2.41% in the last 7 days as well as 1.89% in the last day.

The market cap for Polkadot stands at 12.523 billion USD, a dip of 19.57% in the trading volume in the last 24 hours.

The 3 Worst Tokens are listed below:

Polkadot (DOT)

With a shrink of 3.76% in the week and a downfall of 0.04% in the last 24 hours, the market cap for Polkadot is currently 6.322 billion USD. Trading volume is down by 28.46%. Each DOT token is selling for 5.23 USD. Polkadot Tokens: DOTSource: coinmarketcap

Chainlink (LINK)

Chainlink dipped by a massive 8.05% this week. It is down by 1.79% as of today. The market cap stands at 3.806 billion USD. Trading volume is also seeing a downfall of 15.44%. LINK coins are selling for 6.53 USD each. Polkadot Tokens: LINKSource: coinmarketcap

Kusama (KSM)

Kusama sinks by 8.75% in the past 7 days but is up by 0.54% in the last 24 hours. The market cap is presently at 266.741 million USD. The trading volume takes a jump of 22.04% compared to the previous day. Each KSM token is costing 26.75 USD. KSMSource: coinmarketcap

Conclusion

Polkadot tokens have taken a major dip this week. The market might continue to be trading in red in the coming weeks following the rate hike announcement. Nevertheless, we are towards the end of the year, which can be a reason for a boost.

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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.
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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.