Cryptocurrency is slowly building momentum up the price curve, and over the week, almost all the digital assets showed a positive growth rate with BDT Token recording an unprecedented surge of 5544% in the last seven days as at 13:00 GMT.
However, there are a number of them that failed to live up to expectation. In a bid to assess the overall performance of the cryptocurrency market, this article will present some of the digital assets that failed to join the big guns based on the coinmarketcap data.
The Cryptocurrency Analytics (TCAT)
TCAT coin pulled a disappointing run over the week taking a 54% fall on the price curve. On 8 February 2019, the coin was trading at $0.004. On 20 February 2019, it took a promising step to record $0.0057. However, its positive run did not last as it fell deeply to record a current price of $0.002.
XOV coin was the second worst performing coin in the week. It recorded a 53% fall in the last seven days right behind TCAT Coin. On 18 February 2019, the cryptocurrency was trading at $0.0057 but crashed down to a current price of $0.0026. From the Coinmarketcap weekly chart, this coin recorded a long declining curve to peg at $0.00227 on 23 February 2019 before rising to its current price of $0.00267.
Spendcoin was the third worst performing coin that failed to join the big guns in the recent price surge. Its weekly performance rate was negative, falling about 51% on the price curve. The price range for the week was extensive, falling from its $0.3693 price point to a current price of $0.175.
Ela Coin (ELAC)
ELAC value was -50% in the last seven days. A week by this time, ELAC was trading at $0.067 but fell drastically to trade at $0.034 as at the time this article was being written.
Swisscoin fell by 49% in the last seven days. Its price was $0.0000376 on 18 February 2018. However, it failed to maintain or record positive growth, but instead, Swisscoin fell to record $0.000038 as at the time this article was being written.
2019 was predicted by some experts as one of the best years of cryptocurrency after falling more than 70% in 2018.
Disclaimer: The prices and percentage changes quoted in the article are valid as at 13:00 GMT.
Also, this article in no way suggests that the above-listed cryptocurrencies should be in the investors’’ portfolio. It just presents the digital assets that failed to record positive growth in the last seven days.