Gemini Names 2026's Biggest Crypto Loser With a 61.76% Fall

Gemini Ranks 2026's Worst Altcoins

Bitcoin Cash has lost 61.76% of its value since the start of 2026, the deepest year-to-date decline among major altcoins. Crypto exchange Gemini compiled the ranking of the year's ten biggest losers and published it in a post on X. The list covers ten tokens, every one of them a large-cap name with deep liquidity. Polkadot follows in second place with a 53.03% decline, and Cardano ranks third after shedding 48.04% of its value. XRP sits fourth with a loss of 43.43%, and Dogecoin takes fifth at 42.38%. The remaining names show the same pattern: Sui has fallen 42.08%, Hedera 38.13%, Solana 34.02%, Avalanche 33.40% and Kaspa 30.75%. In all, every asset on the list has surrendered at least 30% of its value in ten months. The tally measures from Jan. 1, so May's selling, June's selling and every decline since feed one number. Gemini ties the broad underperformance to declining liquidity across the market, weaker speculative interest, thin institutional demand and the weight of macroeconomic conditions. Several ecosystems carry problems of their own. Cardano's decentralized finance activity has thinned to the point where the total value locked, a measure of funds deposited in its protocols, fell below $50 million as of Nov. 9. XRP's volumes have gone the same way: Ripple's expansion in institutional payments, stablecoins and tokenization has not produced sustained buying interest, and spot trading volume for the token fell 53.5% while perpetual futures volume dropped 44%. Dogecoin's institutional narrative stalled in September, when Bitwise wound down its Dogecoin ETF after the product failed to draw investors. On Tuesday the token trades near $230, down 4.3% across the past 24 hours. Put plainly, each dollar held at the start of January is now worth about 38 cents.

@Gemini · X post

Post on X.

View on X

The 61.76% figure marks a complete round trip. In 2025 the coin rose around 38%, and the year now under way has erased that gain with room to spare. The ranking measures performance through the second week of November, and the deficit has widened through most of the year. The turn came in late spring. Selling pressure built through May and June 2026, when BCH recorded two consecutive monthly declines above 30%. Losses of that size compound quickly. Two straight drops above 30% leave a token holding less than half of what it carried when the sequence began, which is how a 38% annual gain became a 61.76% deficit inside a single year. For a coin that spent 2025 building a recovery story, the pattern marks a clear regime change: the buyers behind that advance have not returned in size. September brought the one clear interruption. CME Group, the Chicago-based derivatives marketplace, announced Bitcoin Cash futures, a step that put the coin on a regulated venue and let traders take both bullish and bearish positions within an established framework. Price rebounded on the news. The lift did not hold. The broader downtrend resumed, and the coin has kept shedding value into November. The slide had already pushed the market through a closely watched test of $250 support in the altcoin-led selloff that swept through the broader market earlier this autumn. That threshold now sits overhead rather than below. The September bounce is the kind of move that trims a monthly loss without changing an annual one: sharp on a daily chart, small against a deficit of this scale. To reverse the year outright, BCH would need a gain of more than 160% to return to its January starting point.

RSI Near 30, Support at $202.95

Composite support and resistance scoring puts the strongest floor at $202.95, rated 75 out of 100, with the heaviest resistance overhead at $264.04, scored 91/100; daily pivot work had set R1 at $289.97 further up. Momentum agrees with the downtrend: RSI reads 30.04 and the MACD signal is bearish, while open interest of $33.17 million and a funding rate of 0.0056% point to a lightly leveraged book. A 655.74 BCH swap on THORChain has meanwhile fed Roger Ver accumulation talk, though the tape has yet to confirm it. Our BCH technical analysis tracks the full level set. Until the coin claws back a measurable share of the 61.76% it has surrendered this year, the downtrend reading stands; a sustained close above $264.04 would be the first real challenge to it.