Some Crypto Projects in the Top 100 Tokens Down More than 20%

Bittime - In July, tokens experience fluctuations, there are tokens that experience significant increases and decreases. From the list of Top 100 tokens based on market capitalization, several tokens such as Fantom (FTM), Flare (FLR), and Starknet (STRK), experienced a decline of more than 20%.

FTM, FLR, and STRK Down More than 20% 

Fantom (FTM), previously known as one of the tokens with solid growth potential, recorded a decline of 29.00% in the past month. The FTM price is currently around $0.4142 or around IDR 6,773.  

Besides that, Flare (FLR) also experienced a significant price drop. The FLR token fell by 27.46% and is now trading at $0.01729 or around IDR 281.09.  

Starknet (STRK), a project that aims to improve Ethereum's scalability through a layer 2 solution, also suffered a similar fate with a drop of 27.44%. The current STRK token price is $0.4689 or around IDR 7,623.  

Top 100 Tokens Also Dropped

Apart from the three tokens above, several other tokens on the Top 100 token list also experienced quite significant declines. Akash Network (AKT) is down 24.38% at its current price of $2.87, while Braintrust (BTRST) is down 24.11% and is now at $0.1244.  

Render (RNDR), a token known for its projects in the world of decentralized rendering, experienced a decline of 22.94% and is currently priced at $5.82. This decline may be caused by a shift in market sentiment towards creative technology-based projects which is usually influenced by macroeconomic conditions and the volatility of the creative industry.

Ondo (ONDO), a project focused on DeFi solutions, also experienced a sharp decline of 22.09% and is currently at $0.9293. Ethena (ENA) is also down 20.98% in the past month with a current price of $0.4012.  

Uniswap dan Ethereum Name Service 

Uniswap (UNI), one of the most famous DEX platforms, also saw its price drop by 20.78% and is now trading at around $7.22. Despite being one of the largest DeFi protocols, Uniswap remains vulnerable to broader market movements, especially when markets experience major corrections.

Ethereum Name Service (ENS), which offers decentralized domain services, also experienced a decline of 20.13% in the last month. Currently, ENS is trading at $25.36. 

Some Crypto Projects in Top 100 Tokens Difficult to Maintain Momentum

The price drops experienced by several tokens on the Top 100 tokens list highlight the challenges faced by many projects in maintaining momentum and investor confidence.

Although many of these tokens have strong fundamentals and a clear long-term vision, the unpredictable volatility of the crypto market continues to be a major factor influencing price.

So, you must remain vigilant and consider macroeconomic factors and developments in these projects before making investment decisions.  

How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor graphic movement price Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.