• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

10 worst performing cryptocurrencies in 2022

3 years ago
in Business, Cryptocurrency, Features, highlights, Home, home-news, latest News, Technology
6 min read
0 0
0
76
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

Policy Inconsistencies, Underinvestment Undermining Ghana’s Oil Revenue Growth – Prof Lord Mensah

GSE Composite Index Declines as Market Capitalisation Falls to GH¢168.02bn

European Football’s Power Shift: The Rise of the EFC

10 worst performing cryptocurrencies in 2022

Today, the total crypto market cap has plunged to just under $800 billion as investor confidence hits new lows.

A handful of scams, frauds, and platform meltdowns fueled a steep downward spiral in prices for nearly all cryptocurrencies. Most recently, the downfall of FTX and founder Sam Bankman-Fried sparked another sell-off in major tokens like bitcoin and ether.

Other failures in the crypto space in 2022 included the implosion of TerraUSD and Luna, the bankruptcies of Voyager Digital and BlockFi, and the unwinding of leverage via various crypto hedge fund blowups, like Three Arrows Capital.

The damage in the industry was so widespread that the best performing crypto with a market valuation of at least $1 billion was a token that broke even in 2022, according to data from CoinMarketCap.

Some popular cryptos that have fallen below the $1 billion market cap threshold include Terra Classic, which dropped 99%, as well as Helium, Axie Infinity, and The Sandbox, all of which plummeted more than 93% in 2022.

These are the 10 worst performing cryptocurrencies of 2022, according to data from CoinMarketCap. The list excludes tokens that have a market value of less than $1 billion.

10. Cardano

Coinmarketcap

Ticker: ADA2022 Losses: -82%Market Value: $8.3 billion

9. Internet Computer

Coinmarketcap

Ticker: ICP2022 Losses: -84%Market Value: $1.1 billion

8. Polkadot

Coinmarketcap

Ticker: DOT2022 Losses: -85%Market Value: $4.9 billion

7. Cronos

Coinmarketcap

Ticker: CRO2022 Losses: -90%Market Value: $1.4 billion

6. Avalanche

Coinmarketcap

Ticker: AVAX2022 Losses: -91%Market Value: $3.3 billion

5. Algorand

Coinmarketcap

Ticker: ALGO2022 Losses: -91%Market Value: $1.2 billion

4. Filecoin

Coinmarketcap

Ticker: FIL2022 Losses: -92%Market Value: $1.0 billion

3. NEAR Protocol

Coinmarketcap

Ticker: NEAR2022 Losses: -92%Market Value: $1.1 billion

2. HEX

Coinmarketcap

Ticker: HEX2022 Losses: -93%Market Value: $3.2 billion

1. Solana

CoinMarketCap

Ticker: SOL2022 Losses: -95%Market Value: $3.5 billion

Tags: 10 worst performing cryptocurrencies in 2022
No Result
View All Result

Highlights

Atlantic Lithium Discovers New High-Grade Spodumene Pegmatite Occurrences in Côte d’Ivoire

UEFA Champions League Matchday 3: Key stats and what to look out for in every game

GPL: Gold Stars ends Heart of Lions’ Unbeaten run as Karela hold Eleven Wonders in Swedru

BudgIT Ghana Calls for Deeper Reforms Following 2024 Open Parliament Index Release

Global Economy Undergoing Profound Transformation Amid Heightened Uncertainty, Says IMFC Chair

Fitch Solutions Revises Ghana’s 2025 Growth Forecast Upwards to 4.9% on Easing Inflation and Stronger Cedi

Trending

Business

Policy Inconsistencies, Underinvestment Undermining Ghana’s Oil Revenue Growth – Prof Lord Mensah

October 21, 2025

Policy Inconsistencies, Underinvestment Undermining Ghana’s Oil Revenue Growth - Prof Lord Mensah Financial Economist and Head of...

GSE Composite Index Declines as Market Capitalisation Falls to GH¢168.02bn

October 21, 2025

European Football’s Power Shift: The Rise of the EFC

October 21, 2025

Atlantic Lithium Discovers New High-Grade Spodumene Pegmatite Occurrences in Côte d’Ivoire

October 21, 2025

UEFA Champions League Matchday 3: Key stats and what to look out for in every game

October 21, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.