Akedo (AKE) collapsed 41% to $0.00517, taking the bottom slot on the daily loser board — below the previous session’s low, which is never a good sign. The tape was merciless: Bitcoin lost 2% to $76,708 and only 101 of the 500 largest coins by volume closed green. Some names, however, managed to lose far more than the market itself. One managed to lose almost half of itself in twenty-four hours.
Akedo (AKE) — −41.0%
What is Akedo?
Akedo is a token from the gaming and tokenised content sector — an ecosystem trying to connect arcade-style play, digital ownership of in-game items and a rewards economy. The pitch is standard for the category: players should not spend their time for free, they should earn a share of the value they create. The problem is equally standard: when player attention fades, the price fades with it, because underneath the token there is often nothing but a hype cycle and a calendar of upcoming releases.
Why is it falling?
The numbers tell the story. The daily range was $0.00538–$0.00893, and the price settled at $0.00517 — below the bottom of that range, meaning selling pressure continued after the 24-hour metric was effectively set. Turnover of $37.7 million against a $118 million market cap is enormous, above 30% in a day. A ratio like that almost never signals accumulation; it signals that holders were leaving.
The wider context is harsher still. AKE traded at $0.1467 on September 20, 2026. It now sits at $0.00517 — down 96.5% in six weeks. On the other side, it bottomed at $0.000174 in July, so it remains 2,872% above its all-time low. That is not the chart of a single project; it is the ECG of a patient who has already been on the table three times. The relevant question with names like this is never “has it fallen enough” but “is there a single buyer left who is not already in”.
Beam (BEAM) — −18.6%
What is Beam?
Beam is a gaming blockchain — a chain built so that games, items and in-game economies can live on-chain without every player action costing more than the item itself. The project grew out of a team that had already spent years on gaming infrastructure, and it keeps arguing the thesis that players will eventually accept a wallet. Noble, but the market has been spectacularly impatient with that thesis.
Why is it falling?
Beam dropped from $0.0057 to $0.0045 on $58.4 million of volume against a $226 million market cap — roughly 26% turnover. Price finished near the daily low ($0.00440), which says buyers did not step in on the way down. The token also carries one of the worst ratios in the entire top 200: it trades 89.8% below its ATH of $0.0442 set back in 2024, and in June 2026 it printed an all-time low of $0.00121. In other words, the worst moment in this token’s history was five months ago, and today it is merely 270% above that. Thin comfort for anyone who bought at $0.04.
Supply adds weight. A circulating supply of 50.3 billion against a maximum of 57.5 billion means another 7.2 billion tokens are still queued for the market. In a sector without fresh capital inflows, every unlock works like opening an extra exit in an already crowded room.
NEAR Protocol (NEAR) — −9.9%
What is NEAR?
NEAR is a layer-1 blockchain focused on scalability and, for the past two years, on AI. Its thesis is that autonomous agents will need a chain where transactions are cheap, fast, and simple for developers who do not want to learn a new language for every project. When that thesis works, NEAR is one of the more interesting large caps in the sector. When it does not, it remains a well-engineered chain with a price that refuses to reflect it.
Why is it falling?
NEAR is the only loser of the day from the heavyweight division: $5.06 billion market cap, rank 21, $614 million in daily volume. A 9.9% drop on an instrument that liquid does not happen by accident — it is the result of an institutional exit, not retail panic. The $3.85–$4.34 range describes a one-way session with no credible attempt at a bounce.
On a day when Bitcoin fell 2%, a 10% decline in a large L1 is the textbook “beta on steroids” scenario: when risk comes off, the first thing sold is whatever is easiest to sell. NEAR trades 81% below its ATH of $20.44 from January 2022, but also 633% above its all-time low of $0.527 from November 2020. This is a token that has survived two cycles and one long argument about whether it needs the AI narrative at all.
The full picture
The session closed with 101 of the top 500 coins in the green, Bitcoin at $76,708 and Ethereum at $2,250. The losers were not random: a project with thin demand (Akedo), a project with open supply exits (Beam), and a project carrying heavy portfolio weight that was being trimmed (NEAR). A red crypto market does not punish everyone equally — it punishes the ones where the fewest buyers are willing to say “this is too cheap to ignore”.
Market data
- Akedo (AKE): price $0.00517409 · 24h −40.97% · MCap $117.95M · 24h vol $37.67M · circulating supply 22.8B · total supply 100B · ATH $0.146656 (Sep 20, 2026) · ATL $0.00017407 (Jul 10, 2026)
- Beam (BEAM): price $0.00449766 · 24h −18.56% · MCap $226.30M · 24h vol $58.40M · circulating supply 50.32B · max supply 57.49B · ATH $0.04416304 (Mar 10, 2024) · ATL $0.00121358 (Jun 25, 2026)
- NEAR Protocol (NEAR): price $3.86 · 24h −9.86% · MCap $5.06B · 24h vol $613.76M · circulating supply 1.31B · ATH $20.44 (Jan 16, 2022) · ATL $0.526762 (Nov 4, 2020)
- Reference: BTC $76,708 (−2.01%) · ETH $2,250.23 (−1.03%) · 101/500 coins in the green
This content is informational only and does not constitute investment advice. Crypto assets are high-risk, and 40% moves in a single day are not unusual.