These Crypto Projects Had Billion-Dollar Valuations, Now They Trade 90% Lower

2026-4-12 14:24

Ten crypto projects that had billion-dollar private valuations now trade at market caps ranging from $7 million to $294 million, according to CryptoRank data.

The gap between last-round venture capital valuations and current market caps ranges from 88% to over 99%. Four of the 10 hardest-hit projects belong to the zero-knowledge proof and Layer 2 sector.

Scroll, and Boba Network Lead the List

Scroll (SCR) tops the ranking with a 99.54% decline. The Ethereum Layer 2 raised $80 million across two rounds led by Polychain Capital, Variant Bain Capital Crypto, and more. Its last-round valuation stood at $1.8 billion.

It now trades at roughly $8.25 million in market cap.

Boba Network follows at -99.26%, while Fuel Network registered a 99.25% drop from a $1 billion valuation.

“These projects have fallen from billion-dollar valuations to nearly zero — a striking example of near-total value destruction. Even backing from Tier-1 VCs like Paradigm, Sequoia, Cbventures, and Multicoin wasn’t enough to protect post-TGE performance,” the post read.

Crypto VC Valuation Decline. Source: X/CryptoRank VCs

Starknet (STRK) recorded the largest absolute loss on the list. It raised $282.5 million from Paradigm, Sequoia Capital, and Greenoaks Capital at a valuation of $8 billion. Its current market cap sits near $199 million, a 95% decline.

Rounding out the top 10 are Polyhedra (-99.05%), Wormhole (-96.99%), Magic Eden (-96.70%), HashKey Group (-96.46%), Mocaverse (-90.23%), and Immutable (-88.23%).

Follow us on X to get the latest news as it happens

Crypto VC Funding Rebounds Despite Market Weakness

Despite these losses, venture capital activity has picked up again. CryptoRank data shows that March 2026 recorded around 100 funding rounds totaling $2.59 billion in raises, the highest level since October 2025.

Crypto VC Funding Over the Past Year. Source: CryptoRank

Coinbase Ventures and Animoca Brands led the most rounds during the month. Moreover, blockchain services accounted for 39 rounds, followed by decentralized finance (DeFi) with 20 rounds, and centralized finance (CeFi) with 15 rounds.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights

The post These Crypto Projects Had Billion-Dollar Valuations, Now They Trade 90% Lower appeared first on BeInCrypto.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 19.117m EMD / 32m EMD

valuations market million trade caps projects crypto

Источник: beincrypto.com

valuations market → Результатов: 126


Jordi Visser: AI’s potential is hindered by outdated infrastructure, investor sentiment favors workforce reduction, and software disruption reshapes company valuations | The Pomp Podcast

AI advancements outpace infrastructure, reshaping market dynamics and challenging traditional growth models. The post Jordi Visser: AI’s potential is hindered by outdated infrastructure, investor sentiment favors workforce reduction, and software disruption reshapes company valuations | The Pomp Podcast appeared first on Crypto Briefing.

2026-3-3 11:25


Market pullback could open doors for these 3 cryptos: MUTM, SOL, ETH

The recent crypto crash has reminded investors that downturns often bring opportunities. Market pullbacks reset inflated valuations and open the door to projects with real growth engines. For those investing in crypto with an eye on long-term adoption, this is the moment to look beyond surface-level hype and into platforms that are building future-ready infrastructure. […]

2025-9-29 06:11


This cheap crypto priced below $0.1 is set to explode 50x in 5 months

In a market overflowing with hype and high valuations, one cheap cryptocurrency trading below $0.10 is quietly positioning itself for a massive breakout, and it’s not Shiba Inu or Pepe Coin. Mutuum Finance (MUTM) has entered the spotlight with bold utility, early investor buzz, and a rapidly growing community, making it a compelling contender for […]

2025-5-20 17:50


Top Altcoins to Buy Now: BlockDAG, 5thScape, Best Wallet & Flockerz Worth Watching

Have you been monitoring the crypto market, curious about how early entries have led to substantial rewards? Or perhaps you’ve regretted missing out on earlier presale events that significantly increased in value, wishing you had participated? Crypto presales provide an early entry into the market, typically at much lower prices than their future valuations.

2025-1-1 23:30


Fintech Week London Launches First-Ever Industry Review to Address Explosive Growth & Rapid Decline in Funding and Valuations

Partners sought to collaborate on investigation into how to protect and support the fintech industry through market volatility London, 11 July 2022 Fintech Week London (FTWL), a community that highlights and celebrates London’s innovative fintech scene, has launched an investigation into fintech valuations and funding.

2022-7-11 18:43


Niftables Wants To Take NFTs Into The Mainstream With A New Marketplace And White-Label Solution For Creators

The mainstream appeal of non-fungible tokens has never been more outspoken than it is today. Everyone seeks exposure to NFT assets, representing a market worth roughly $17 billion. The introduction of white-label solutions and an interconnecting marketplace by Niftables may lead to much higher valuations.

2022-5-17 20:06


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru