The Value Losers Of The Bear Market | 10% To @tron-fan-club
Good evening, I hope everyone is doing very well at the Tron fan club. I am sure that by now you all have seen the state of the market. For the past few weeks, it has only been declining throughout the crypto space. And as a result, many tokens have lost value, some of which are quite significant. Today we look at a few tokens that have suffered a heavy loss within the last 7 days.
|=====>MKR<=====|
At first, we have MKR. In the beginning, the token did show some signs of uptick, it peaked at 2140$ per token value and since then it has only been declining. There had been a minor bump at 2050$, but that didn't make any difference, the general trendline only went down, eventually stopping at 1950$. The token has rebounded from there and currently trades at 1977$.
|=====>MNT<=====|
Next, we will look at MNT. This token hasn't had all hell broken loose on it. In fact, for the most part of the week, MNT was actually in the green. Crossing 0.66$ margin in the meantime. Since then there has been a slow reversal. This reversal bumped at 0.6$. A small rebound that could maybe save the week, but to no avail. MNT dipped below 0.6$.
|=====>TON<=====|
We finish with TON. Last week it was being traded at 2.15$. It has never retained or returned to the same valuation, since. It had a freefall, which took the token to 2.03$. Fortunately, there has been some value regained over the next 3-4 days. TON also bumped into the 2.125$ resistance barrier. After multiple attempts in vain, TON lost value and currently trades at 2.09$.
No words from this article should be taken as financial advice.
Thank You.
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