Top 3 Crypto Losers from the White House Crypto Summit

The recent White House Crypto Summit, led by President Donald Trump, has significantly impacted the cryptocurrency market. While some digital assets experienced gains, others faced notable declines.

The cryptocurrency market has been volatile this week following the recent White House Crypto Summit, which was chaired by President Donald Trump. While some digital assets saw gains, a few altcoins experienced triple-digit percentage losses. Here are the top three altcoins that emerged as the worst-performing cryptos of the week, looking at their current performance and future price predictions.

Top 3 Worst Performing Cryptos This Week

After a stellar performance last week, Dogecoin (DOGE) has seen better days. The price of DOGE has been trending downward, reaching a four-month low. As of March 9, 2025, at 03:08 (GMT+8), DOGE is trading at $0.1715, notching up an 11.58% decline for the 24-hour period.

Technical analysis indicates that DOGE is rapidly approaching a crucial support level at $0.1750. A breakdown of this support could see the price decline further to the $0.15-$0.17 range. However, some analysts remain optimistic, suggesting that maintaining support at the current level could trigger a rebound toward $2.74.

Next up is Cardano (ADA), which has seen a significant drop in trading volume, plummeting by 59% amid ongoing market uncertainty. The price of ADA has slid to $0.776, continuing its decline for the fourth consecutive day.

Initially, there was a surge in response to President Trump’s announcement of a strategic crypto reserve, which included ADA. However, this was quickly followed by market corrections. The diminishing hopes of ADA’s inclusion in the reserve have contributed to its recent downturn. ADA may test the support level at $0.687 if the current trend continues.

Finally, we have Solana (SOL), which has also been affected in the aftermath of the crypto summit. Despite being mentioned as part of the proposed strategic crypto reserve, SOL’s price experienced a brief surge followed by a decline.

The lack of concrete details regarding the reserve’s implementation has led to skepticism among market participants, resulting in volatility for SOL. Investors are advised to closely follow official announcements, as future developments could influence the price trajectory of SOL.