As the market enters the second half of April 2025, not all coins ride the green wave. While some assets posted massive gains, others fell hard. According to CoinMarketCap’s 7-day performance ranking, five notable cryptocurrencies suffered the biggest losses, with some experiencing double-digit dips.
From governance tokens to legacy smart contract platforms, let’s examine which tokens struggled this week—and whether a rebound could be on the horizon.
1. MANTRA (OM) Crashes 86.48% Despite $2.1 Billion in Trading Volume
Leading the losers’ list is MANTRA (OM), which plunged 86.48%, falling to $0.8078 despite recording an unusually high $2.19 billion in 24-hour trading volume.
After a recent bullish run, the price collapse follows an unexpected unlock event and profit-taking pressure. While the team has teased a new DeFi governance proposal, uncertainty around tokenomics and future listings has spooked investors.
Can it bounce back? Only if MANTRA’s team delivers fast on product development and restores community confidence. Until then, volatility remains high.
2. EOS Drops 11.16% Amid Market Shift and Developer Uncertainty
Once known as an Ethereum killer, EOS continued its downtrend this week, dropping 11.16% to $0.6251. The dip coincides with developer hesitation over EVM compatibility and an ongoing debate around ecosystem funding allocations.
Interest remains with $240 million in trading volume, but sentiment has cooled as the community awaits clearer development roadmaps from the EOS Network Foundation.
Outlook: EOS needs strong developer engagement and clearer use-case narratives to regain traction in Q2.
3. Toncoin (TON) Slips 2.96% Despite Steady Hype Around Telegram Ecosystem
Toncoin, the native token of the Telegram-powered TON blockchain, fell by 2.96% to trade at $2.85. The drop isn’t alarming but represents a break in TON’s upward momentum following recent news of integrations across Web3 messaging protocols.
With a daily volume of $166 million, many traders remain bullish, but the lack of new listings or DeFi applications on the chain has created short-term stagnation.
Prediction: The dip could become a buying opportunity if Telegram pushes harder on TON ecosystem rollouts.
Read Also: Top 5 Crypto Gainers This Week: Will They Keep Pumping After April 14?
4. NEAR Protocol (NEAR) Slides Slightly by 0.12%
NEAR Protocol only dropped 0.12%, which may seem minimal, but it reflects weakness in layer-1 tokens after recent AI and DePIN narratives pulled investor attention elsewhere.
Still trading at $2.14 with a volume of $155 million, NEAR’s fundamentals remain strong. The team continues to focus on developer tools and modular scalability, but a lack of fresh catalysts may be holding it back.
Recovery outlook: NEAR could rebound by announcing high-impact partnerships or an ecosystem fund update.
Source: coinmarketcap
5. Cosmos (ATOM) Declines 1.90% Amid Stagnant Chain Activity
Cosmos (ATOM) rounds out the losers with a 1.90% dip, trading at $4.23. The interchain token has struggled to maintain relevance since many IBC-enabled chains have shifted focus to independent ecosystems.
Although Cosmos maintains over $123 million in 24-hour volume, demand for its modularity has not translated into upward price momentum.
What could spark a turnaround? Developers hint at Cosmos 2.0 staking upgrades in Q2, which may provide the push ATOM needs to regain traction.
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Final Thoughts: Will These Tokens Bounce Back?
The crypto market remains dynamic and volatile. While MANTRA’s drop was a steep collapse, others, like EOS, TON, NEAR, and ATOM, experienced more moderate corrections.
If market sentiment turns bullish again and project teams deliver on roadmap milestones, some of these assets could reverse course quickly. For now, investors should watch key resistance zones and monitor volume levels for signs of reversal.
