Among the cryptocurrencies demonstrating bad performances in the past 24-hours, the cryptocurrency demonstrating the worst performance is Tails (TAILS). The data surrounding Tails shows that its price has experienced a 78.69% fall. The plummet has resulted in pulling the price of Tails down to $0.00000000000002689 per TAILS. As for the trading volume for TAILS, it has skyrocketed by 8,428.94%, coming all the way up to $147,026.
The reason behind the surge in Tails’ trading volume is the bears selling TAILS at a very high rate as it has lost almost 79% of its value. For now, Tails’ price is experiencing a downfall, creating an all-out bearish trend for the digital asset.
Following the footsteps of TAILS is Spantale (AEL) that has demonstrated worse performance in the past 24-hours. The data surrounding Spantale shows that its price has experienced a 72.22% fall. The plummet has resulted in pulling the price of Spantale down to $0.1266 per AEL. As for the trading volume for AEL, it has surged by 42.81%, coming all the way up to $424,519.
For now, the surge in the trading volume for Spantale shows that the bears are currently selling digital assets on a lower level. As a result, Spantale seems to be moving in the downward direction experiencing a bearish trend.
Following the footsteps of AEL is RaDAO (RA) that has demonstrated worse performance in the past 24-hours. The data surrounding RaDAO shows that its price has experienced a 72.22% fall. The plummet has resulted in pulling the price of RaDAO down to $0.195 per RA. As for the trading volume for RA, it has surged by 202.69%, coming all the way up to $130,900.
RA is currently observing the same trend as AEL as the surge in trading volume is demonstrating intensified selling from the bears’ end. RA’s condition is currently severer as compared to AEL because it is observing the same plunge in price but its trading volume is higher.
Grim Finance (REAPER) comes after RaDAO on the list of worst performers. The data surrounding Grim Finance shows that its price has experienced a 68.30% fall. The plummet has resulted in pulling the price of Grim Finance down to $0.01366 per REAPER. As for the trading volume for REAPER, it has surged by 1922.12%, coming all the way up to $815,035.
The skyrocketing surge in the trading volume versus the plunge in the price of Grim Finance shows that the bulls have intensified their selling power for REAPER. This may result in bringing down its price all the way down to $0.01150 per REAPER. This may result in bringing REAPER’s price in the red zone, causing another major plunge.