Top Crypto Losers: Lido DAO (LDO), Worldcoin (WLD), and Notcoin (NOT)
Lido DAO (LDO), Worldcoin (WLD), and Notcoin (NOT) had a rough week, failing to keep up with the positive market sentiment. Despite the global crypto market cap rising over 3.89% to $2.4 Trillion, these coins were left behind.
Lido DAO (LDO)
LDO took a significant dip, reaching its key support zone of $1.50. The token is currently trading in a downtrend and is at a critical juncture. Bulls are fighting to secure the demand zone and prevent a selloff. While LDO has bounced back from this support level in the past, it remains to be seen if it will do so again.
Notcoin (NOT)
Notcoin, a play-to-earn token built on the TON network, has been struggling to gain traction. It recently broke out of a falling wedge pattern, but the gains were short-lived. NOT fell by over 10% this week, making it the second-biggest loser.
Worldcoin (WLD)
Worldcoin fell to its 52-week low support mark of $2. The token has been under seller control for several weeks. Sellers are adding short positions, driving down the price. A negative funding rate on futures trading platforms signals a bearish sentiment.
While these three coins have been underperforming, it’s important to remember that the market is constantly changing. Investors should closely track these coins and look for opportunities to accumulate at dips.
