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news-imageMay 26, 2023

These 5 Cryptos Underperformed This Week

BeInCrypto looks at the five biggest altcoin losers in the entire crypto market this week, specifically from May 19 to 26.
Publisher: BeInCrypto
Sentiment: Negative
SUI
ALGO

More News Articles

Negative
cover-imageBeInCrypto
April 1, 2025

SUI Struggles at Resistance After $147 Million Token Unlock

SUI enters a critical phase today as a $147 million token unlock threatens to inject selling pressure into a market already testing key resistance levels. Despite a sharp rebound in momentum—evident in the RSI's surge from oversold territory—SUI failed to break above the crucial 60 mark, signaling buyer hesitation.

Neutral
cover-imageCryptopolitan
March 31, 2025

SUI's $642 million leads token unlocks this week

Cryptocurrency markets have over $642 million worth of digital assets planned for release during the period between March 31 through April 7, 2025. Tokenomist data shows these releases are split between single “cliff” one-time releases and regular “linear” releases distributed across various blockchain projects.

Positive
cover-imageThe Cryptonomist
March 27, 2025

Tether launches USDT0 on the OP Superchain network, expanding the use of stablecoins on Ethereum

Tether has launched its crosschain stablecoin USDT0 on Optimism's OP Superchain, expanding the accessibility of the digital dollar to Ethereum's layer-2 ecosystem. The launch, announced on March 27, marks a significant step in the adoption of stablecoin within decentralized finance (DeFi) and strengthens the growth of OP Superchain as one of the most dominant infrastructures in the sector.

Positive
cover-imageCointelegraph
March 27, 2025

Tether's crosschain USDT0 stablecoin launches on OP Superchain

Tether's crosschain US-dollar stablecoin, USDT0, has been deployed to Optimism's Superchain, increasing access to the world's most widely used stable asset across Ethereum's layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin's first deployment was on Ink, Kraken's DeFi-focused layer-2.

Positive
cover-imageCointelegraph
March 27, 2025

USDT0 deploys on OP Superchain

Crosschain US-dollar stablecoin USDT0 has been deployed to Optimism's Superchain, increasing access to the world's most widely used stable asset across Ethereum's layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin's first deployment was on Ink, Kraken's DeFi-focused layer-2.

Positive
cover-imageNewsBTC
March 27, 2025

SUI Price Nears $2.82 Resistance – Is A Breakout Imminent?

SUI is making another attempt to break past the crucial $2.82 resistance, a level that has repeatedly challenged bullish momentum. After a steady climb, the price now stands at a decisive point—will buyers have enough strength to push through, or will sellers step in to defend this barrier once again?

Negative
cover-imageCointelegraph
March 25, 2025

Abracadabra.Money's GMX pools hacked, $13M lost

About $13 million worth of cryptocurrency has been drained from decentralized lending protocol Abracadabra.Finance following an exploit targeting pools using GMX tokens.In a March 25 X post, crypto cybersecurity firm PeckShield reported that contracts related to GMX and Abracadabra.Money had been compromised, resulting in the loss of about 6,260 Ether (ETH), worth around $13 million. The news follows Abracadabra.Money losing $6.49 million after its smart contracts were compromised in late January 2024.

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