Cryptocurrency Q&A
Which is the most unstable cryptocurrency?
Which is the most unstable cryptocurrency?
GyeongjuGloryDaysFestivalJoy
Sun Nov 17 2024
|
6 answers
1210
Among various cryptocurrencies, some have experienced significant volatility and price drops. For instance, MultiversX, Bitcoin SV, Optimism, Arbitrum, and Celestia have all seen their prices plummet this year, making them highly unstable. Additionally, while Bitcoin has risen to unprecedented highs, its price fluctuations and the speculative nature of the market make it a risky investment. Therefore, it is difficult to pinpoint a single most unstable cryptocurrency, as several options exhibit extreme volatility.
6 answers
Elena
Tue Nov 19 2024
According to CoinRank, a platform that tracks cryptocurrency performance, several tokens stand out in terms of volatility.
Was this helpful?
67
88
EtherealVoyager
Tue Nov 19 2024
MEVA, for instance, has a volatility rate of 837%, indicating extreme price swings.
Was this helpful?
170
44
Daniele
Tue Nov 19 2024
Another token, ORB, follows closely with a volatility of 825%, showing similar unpredictable price movements.
Was this helpful?
67
33
Sara
Tue Nov 19 2024
UNFI, with a volatility of 722%, also belongs to this group of highly volatile cryptocurrencies.
Was this helpful?
289
24
DigitalDynastyQueen
Tue Nov 19 2024
Cryptocurrencies are known for their high volatility, and some tokens exhibit more significant fluctuations than others.
Was this helpful?
345
98
Load 5 more related questions
