10 Big Coins That Have Lost a Major Portion of Their Value

I recently came across the site Coingecko.com. While it mostly resembles Coinmarketcap, they do have a unique feature that lists the percentage of value lost since the coin's all time high. I just had to do a list of big coins that have lost a lot of value since their peak.

 

0 Bitcoin: For Reference, Bitcoin has lost 65% of it's value since it hit it's peak.

 

1 NEO (90%)

For such hype and the idea that it could compete with Ethereum, it has probably surprised a lot of people that NEO sits at less then $20 instead of nearly $200

 

2 Bytecoin (98%)

I guess old coins are not exempt from fading into the shadows and disappearing. From 0.15$ less then 6 months ago it has now dropped to less then 0.002$.

 

3 ZCash (96%)

Who could forget ZCash's wild ride and then dump? Hard to believe that it once surpassed Bitcoin's value, topping out at $3,192, which has now decreased to a whopping $124.

 

4 Bitcoin Gold (95%)

Being a Bitcoin clone with no real use, I was fond of predicting this fall. It has gone from $456 to 22.08.

 

5 Bitcoin Cash (87%)

Though not quite as much as some of the others, this was another fall I predicted a few times and enjoyed doing so (I seem hate some of these bitcoin clones, don't I). All the way from $3,786 to $482.

 

6 TRON (90%)

An attempt to decentralize the web that took the market by storm has sizzled out a bit and only holds about 10% of it's value at the highest point. All the way from 0.23$ to about 0.0224$.

 

7 NEM (95%)

Again, another older coin that has lost a lot of it's value recently. With similar losses to Bytecoin, it has gone from $1.87 to 0.095$.

 

8 Litecoin (84%)

While you may not think of Litecoin as having lost a lot of value, it actually has lost a fair amount; dropping from $361 to $58.

 

9 DASH (86%)

Another coin you may not consider to have lost substantial value if you don't follow the market closely, it has actually lost a good portion of it's value going from $1,494 to $203.

 

10 TETHER (6%)

While not a change like the other coins here, for a token that is supposed to always be at 1$ it actually hit $1.06 at one point; which was a 6% increase.

 

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Well, I hope you found this list interesting, however it's also a testament to the importance of trading carefully and never investing more then you can afford to lose. Trade Safe!

 

If you want more content by me you can always follow my by: email, on my blog, or on steemit.

 

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