Crypto like Ethereum fall sharply, but Terra Luna Classic rises hard

Crypto als Ethereum dalen fors, maar Terra Luna Classic stijgt hard

June was another very bearish month for bitcoin (BTC), but many altcoins took even harder blows. The total market capitalization of all cryptocurrencies was still around $1.28 trillion in early June and was able to recover just above $1 trillion last week. In recent days, however, the total market value has fallen back below $1 trillion and currently stands at $900 billion.

Ethereum drops 42% in June

Although ethereum (ETH) has risen by 2.2% in the past 24 hours, the price is down 15% this week and 42% this month. ETH was still above $1,800 at the beginning of June and became a week turned down around $1,250 ago. On Thursday, ETH briefly dipped below $1,000, but the price has since consolidated around $1,050.

AVAX, DOT, BNB are down 30+%

The rest of the largest crypto was also hit hard in June, albeit slightly less so. Avalanche (AVAX) is down 1% today, but even 25% down this week. AVAX lost 35% of its value in June and currently stands at $16.

Polkadot (DOT) is already down 17.6% compared to last week and even 32% down compared to month ago. DOT currently stands at $6.7, the same price it was 24 hours ago.

Binance coin (BNB) is up 0.8% in the past 24 hours to a price of $217. Yet that is still 9.5% down compared to a week ago and even 30% compared to a month ago.

TRX, ADA, XRP, SOL Down Nearly 25%

Tron (TRX) is down 2% today and 2.5% this week to $0.06. That is almost 25% below the TRX price from a month ago.

Cardano (ADA) held up slightly better and is up 1% today. However, with a price of $0.448, ADA is still 10% down this week and 24% down this month.

Ripple (XRP) fell as much as 15% last week, and 23% this month. XRP is currently at $0.31 with which the price is 0.5% in the plus today.

Solana (SOL) is up 1.6% today and comes in at $32.7. SOL took a heavy blow this week, falling by a whopping 22.5%. Nevertheless, SOL was able to rise just as hard in mid-June, so that the price is ‘only’ 20% lower than a month ago.

Meme coins held up best in June

We see such a pattern with dogecoin (DOGE). DOGE was able to rise sharply a week ago, so that the price is only 21% in the minus in June. Still, DOGE is still down 2% today to $0.65.

Shiba inu (SHIB) held up best among the major crypto in June and also made a big jump a week ago. As a result, the price is ‘only’ 11.5% down compared to the beginning of June. Still, SHIB is down 16% this week to $0.0000099.

Crypto top 100 hardest fallers and risers

Problems at KuCoin are causing the KCS token to drop 6% to $8.5 today. KCS is down 23% this week and a whopping 52% down compared to a month ago. CEO Johnny Lyo denies the problems and calls it fear, uncertainty & doubt (FUD):

In contrast, today nem (XEM) is 14% in the plus, synthetix (SNX) 15% and theta fuel (TFUEL) no less than 19%.

However, sandbox (SAND), dash (DASH), decentraland (MANA), enjin coin (ENJ), aave (AAVE) are all down 20% this week. For polygon (MATIC), graph (GRT) and waves (WAVES) this is already 21%. Huobi (HT), zilliqa (ZIL), zcash (ZEC) and near (NEAR) are down 22%. Axie infinity (AXS) is down 23% this week, gala (GALA) 25% and thorchain (RUNE) even 26%.

Over the whole of June, many crypto fell even harder. Zcash (ZEC) is down 42% from a month ago, monero (XMR) 43%, bitcoin cash (BCH) 45%, klay (KLAYTN) 46%, waves (WAVES) 47%, aave (AAVE) and chain (XCN) 49%. For kucoin token that is 52% and for defi chain (DFI) even 62%.

Terra Luna Classic is rising fast

Then we have the recently collapsed price of terra (LUNA). The new LUNA token currently stands at $2.1 and is up 6% this week. However, that is still a drop of 70% in June.

The old LUNA token, terra luna classic (LUNC), on the other hand, is no less than 112% in the plus this week and 24% in the plus this month. LUNC currently stands at $0.000125, which is a whopping 12,000% increase if you bought at the all-time low in mid-May. However, that is still 100% below the price before the crash.

Crypto Insiders Premium for crypto analytics

Do you want to receive more in-depth crypto analyses? Then we would like to refer you to our Discord community for members† Ask analysts questions, chat with our avid community, and receive technical and fundamental analysis of crypto on a daily basis. Through the Discord premium environment of Crypto Insiders we can share knowledge with each other 24/7 and we try to stay ahead of the market together with our members.

Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences and are for educational purposes only.


Please enter your comment!
Please enter your name here