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

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. Source: 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. Source: 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. KSM Source: 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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Shourya Jha

Shourya is a fintech enthusiast who mainly reports on Cryptocurrency Prices, Union Budget, CBDC, and FTX collapse. Connect with her at [email protected]

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