Coins in DCG’s Portfolio Have Seen Significant Price Drops

A tweet made yesterday by the blockchain analysis firm, Santiment, shows that coins in the Digital Currency Group (DCG) owned by Barry Silbert, have plummeted hard in recent days. According to the tweet, the list of affected coins include ETC, FLOW, MASK, FIL, OCEAN, YGG, RSR, DOT, LPT, MANA, BAT, NEAR.

At press time, the global cryptocurrency market cap is down 0.02% according to CoinMarketCap. As a result, the global crypto market cap stands at approximately $809.60 billion.

The total 24-hour trading volume in the market has also seen a decrease. Currently, the total trading volume stands at $32.38 billion, which is 12% lower compared to yesterday.

Ethereum Classic (ETC) has seen its price drop more than 18% over the last week following the news of DSG’s insolvency. Meanwhile, the price of Flow (FLOW) has plummeted 19.96% over the last 7 days and Mask Network’s (MASK) price is down 28.91%.

Filecoin (FIL) and Ocean Protocol (OCEAN) have seen weekly losses of 32.41% and 8.13% respectively.

The prices of Yield Guild Games (YGG), Reserve Rights (RSR), Polkadot (DOT), Livepeer (LPT), and Decentraland (MANA) are all down 22.30%, 21.90%, 14.52%, 16.33%, and 21.43% over the last 7 days according to CoinMarketCap.

The last two cryptos on DSG’s list, Basic Attention Token (BAT) and Near Protocol (NEAR) also experienced double-digit weekly losses. At press time, BAT’s price is down 17.78%, while NEAR’s price is down 23.41% for the week.

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