Luna has been losing more than 20% of its value in the past 24 hours. While keeping the leading place as the fastest-growing asset amid the recent market correction, it became a victim of increased volatility and reached the price previously observed in November.
Luna also remains the biggest loser in the last seven days, with 34% of its value lost amid a market sell-off. Unfortunately for crypto investors, there are no positions on the market that showed positive market performance this week. The only asset with performance that could be considered neutral is BNB, which has neither lost nor gained any value in the last seven days.Among the biggest losers on the market are coins like Solana, Shiba Inu and Polkadot.
At press time, total cryptocurrency market capitalization is staying at $1.6 trillion, while Bitcoin trades at $36,260.Arman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience. Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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