Want to know if your favourite crytpocurrency coin is in the list of the top losers in the last 24 hours? Want to check to see if a drop in price is restricted to a particular exchange or if it is all across the board (sometimes a coin will do a brief pump and dump on one specific exchange before the traders on the other exchanges have time to react)? Look no further than this up to the minute collection of the coins taking the biggest nosedive of the day! At wise cryptos we cannot advise jumping in to any crypto, or panic selling a coin, that is pumping or dropping rapidly in price, more often than not these pumps and dumps are a result of market makers trying to grab the public attention to hit their scalps, so always #DYOR for any news about these coins and invest wisely.
A cryptocurrency with poor 24h performance is no indicator of future losses. In fact in a great deal of cases we are talking about so called “pump and dump” coins which are just as likely to quickly perform a complete reversal on their current price losses. Extreme caution should be taken with consistent pump and dump coins as you are potentially gambling away your money as if you were placing a bet on red or black at a cryptocurrency casino. Always do your due dilligency before making an investment in any cryptocurrencies and please make sure you are using a reputable crypto exchange. Very often the overal price trend for pump and dump coins is a downward zig zag with large gains being followed by even larger losses reversing past the initial price point and continuing downwards. There are numerous examples of this and there are many which will end up in a situation similar to that of the infamous Bitconnect.