Despite a fairly successful rebranding launch yesterday, Lisk (LSK) has plummeted on the crypto market today, suffering major losses.

At the time of writing, Lisk is the biggest loser within the top 20 cryptocurrencies. The aLTCoin’s current selling price is $22.07, which puts it down 14.21% in the past 24 hours.

Source: CoinMarketCapLisk is currently rated as the 17th largest cryptocurrency with a market cap of $2.3 billion. For a brief moment yesterday, Lisk managed to outrank both Tron (available on Binance) (TRX) and VeChain (VEN) and move up to the 15th largest crypto spot, but it has since lost its footing and returned to number 17.