The cost of Chiliz fell by 32%

Although the market as a whole has already been able to somewhat retreat after the events with the American FTX exchange and the market volatility has become lower, however, some coins show the opposite trend. One such case was the Chiliz (CHZ) token, which has recently lost a lot of its value. About 32% was lost in 7 days. Thus, CHZ entered the list of the most seriously affected leading cryptocurrencies in the industry.

Previously, the cost of one Chiliz coin was $0.2532. Over the past week, this indicator fell to the level of $0.1762 and at the moment was equal to $0.1709, which is less than the maximum for the week by more than 32%. The total capitalization of the cryptocurrency barely exceeds $1,000,000,000, which puts the coin in 39th place. The top 40 cryptocurrency coins, in turn, are closed by Huobi, which, on the contrary, has added 50% to its price over the past week.

Experts from analytical services noted the rapid fall of Chiliz just during the 2022 FIFA World Cup, which takes place in Qatar. Chiliz has become the king among all the currencies that have suffered losses over the past week. If we consider longer time periods, then more long-suffering tokens can be found there, however, in this case, we are talking exclusively about the past week.

In second place among the losers of the week is Chain (XCN), which is currently at position 47 in the list of tokens with the highest capitalization. XCN is valued at $0.041, down 18% from what was shown a week ago. The total capitalization of Chain almost reached the $900,000,000 mark, stopping at $880,000,000.

The top 3 tokens that were particularly affected last week were occupied by the Algorand (ALGO) cryptocurrency coin. Its value for this period of time has decreased by 15.5%. Now the cost of ALGO is $0.24, and the total capitalization of Algorand exceeds $1,700,000,000, which puts the crypto asset on the 28th place in the list of currencies with the highest capitalization.