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After the collapse of the FTX cryptocurrency exchange, the market continued to experience even more difficult times. As of December 29, 2022, many virtual currencies have lost significantly in value over a distance of one month. Despite the fact that it seemed that the consequences of the FTX liquidity problem made themselves felt back in November, even a month later there were a lot of digital assets whose quotes continued to fall rapidly.
The leader with a minus sign in this regard was Chain (XCN). According to online metrics, its rate has fallen by 34.4% over the past week, having already lost 66.9% in total in 30 days. Because of this, the cryptocurrency dropped to the 90th place in the ranking of the best in terms of maximum capitalization with an indicator of $ 270.13 million. The digital coin was available for purchase at an average cost of $0.012.
The algorithmic stablecoin Neutrino USD (USDN) was seriously affected. The stable coin based on the Waves network lost its binding to the price of the US dollar and traded at $ 0.5. Thus, the value of the virtual currency decreased by 46.2% compared to the same indicators a month ago. The capitalization of the cryptocurrency froze at $341.35 million. The place in the ranking of the best is 79th.
The cost of the native token of the Trust Wallet wallet has significantly decreased. TWT quotes increased by 2 times last month, however, according to data on December 29, 2022, they fell by 39% over a period of 30 days. The virtual currency was sold for $1.25, and its total offer was $521.86 million. This allowed us to retain the 60th place in the list of top ones.
The Flow (FLOW) cryptocurrency has also become very cheap. It lost 38.4% of its value. The Chiliz (CHZ) exchange rate decreased by 37.8% over the same period of time, and digital assets such as Dogecoin (DOGE), Aptos (APT), Algorand (ALGO) and Filelcoin (FIL) lost more than 30% of the price of a month ago.
