It’s been a brutal week for the crypto market, but some tokens took a hit more than others. While $Bitcoin and $Ethereum bled under the pressure, a few altcoins suffered from eye drops – led by the meme-coin platform that lost three thirds of its value in a few days.
Here are the 5 cryptos that lost the most in the last 7 days, ranked by their losses, and the reason behind each drop.
5 Cryptos That Have Been Crashed This Week
1. MemeCore ($M): down 75.75%
This week’s best performer is MemeCore, which made quite a splash 75.75% at 7 days, they are now selling around $0.6894 with a market cap of approximately $909M. Of course, it’s up 16% on the day – a dead cat after a kill.
This was a mini-liquidity implosion. The price of MemeCore’s token dropped from $3 to $0.50 in less than 30 minutes on Wednesday evening, with low trading volume and intense insider ownership making it vulnerable to an emergency crash. The red flags were there all along. Many of the products have a small number of insiders, and the index has had claims of crowd-controlled price changes, high volume of small trades, and small exchange listings.
The trigger remains black, but the mechanism is clear. It’s unclear what caused the drop, but with a small order, it didn’t take much to destroy MemeCore’s existing market. One silver lining: the crash removed a lot of excess funds, where about $8 million in long positions were liquidated, and the price has shown signs of stabilization at the level of $0.65.
2. Athena ($OTHER): down 63.58%
ENA’s Athena brand was second worst, brutally low 63.58% YTD and bleeding 8.20% per day, now the sale is close $0.07270 with a $675.7M market cap.
ENA’s problem is regular and well-known: the sign opens. ENA remains exposed to the pressure of opening a signal, where a large part of the product has already been opened while the rest of the inventory is still going on – and these openings can reduce the price return by creating a constant selling pressure even if the initial activity is established strongly. The main problem is one of the requirements. SOME needs to reconfirm that the size of the protocol defines the value of the signals, and until this becomes clear, it remains a weak local signal.
It’s not all doom and gloom, however – there are real causes being uncovered. Athena-backed StablecoinX completed its merger with TLGY Acquisition Corp and will begin trading on Nasdaq under the ticker USDE, expanding its stablecoin business.
3. Coat ($MNT): down 56.08%
The dress is next, the bottom 56.08% at that time I was trading around $0.4224 with a $1.39B market cap. It was also among the biggest losers of the day. Mantle (MNT) fell by 13.19% in 24 hours to about $0.43, and traded close to $62.62 million, placing it among the biggest losers of the day. –
Mantle’s downfall has had little to do with one issue and more to do with the slow volatility of mainstream altcoins. As capital flees to safety and Bitcoin’s power rises, the environment and Layer-2 tokens such as MNT become more complex due to limited tokens. story to prevent falls.
4. Worldcoin ($WLD): down 25.75% (7d)
Worldcoin, now trading around $0.4179 with a market cap of $1.46B, it fell 25.75% 7 days. But contrary to MemeCore’s fears, the WLD drop appears healthy. Worldcoin’s decline appears to have cooled off after a strong run for several weeks – it had rallied for five straight weeks, putting long-term investors in a position to profit, so gains were always on the cards.
That distinction is important: a reversal that is driven by taking profits after a sustained rally is a very different animal from a water-driven collapse. WLD is still 1.03% per hour, showing some stability.
5. Cosmos ($ATOM): down 21.30% (YTD)
Release series and Cosmos, sell around $1.51 with a $782.5M market cap, below 21.30% YTD and 13.70% 7 days. Like Mantle, ATOM’s weakness is mostly affected by the environment and not by any topic.
As an established Layer-0 token with no new support, ATOM has been swept up in the same risk of cash flow from altcoins to Bitcoin. With strong sentiment in the “Bitcoin Season,” even solid projects like Cosmos have struggled to attract buyers, leaving them falling behind the altcoin market.
Why Are Altcoins Down?
None of these drops happened out of nowhere. The overall market has been under a lot of pressure, and the macro backdrop explains why speculative altcoins have fallen so much. Capital has been rushing to safety rather than risk, with Bitcoin authority rising above 58% and the Altcoin Season Index deeply in the “Bitcoin Season” sector.
The drivers are well known: a hawkish Fed, ETF outflows, and extreme risk aversion. Markets are now bullish on 2026 after lowering expectations in the past, the emergence of Bitcoin ETFs has added to the pressure, and capital is moving towards AI issues and institutional cooperation instead of memecoins and speculation. signs.
