Why The Graph, Fantom, and Polygon Each Plunged More Than 13% Today

In the world of cryptocurrencies, outside of a few outliers, it's a sea of red once again today. However, in the altcoin world, there are some rather impressive decliners in today's price action. Among the biggest losers in today's market are The Graph (CRYPTO: GRT), Fantom (CRYPTO: FTM), and Polygon (CRYPTO: MATIC). These tokens saw respective declines of 18.8%, 13.4%, and 13.3% over the past 24 hours, as of 1 p.m. ET.

Each of these tokens has lost roughly half of its market capitalization over the past week. Thus, today's decline is simply one of a few days of consecutive selling that has investors scratching their heads.

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Source Fool.com