CryptoSlate Daily wMarket Update: AI narrative holds firm as SingularityNet leads top gainers

1 year ago

The cryptocurrency marketplace headdress saw nett inflows of $5.61 cardinal implicit the past 24 hours and presently stands astatine $857.72 cardinal — up 0.7% from $852.11 billion.

Bitcoin’s marketplace headdress accrued by 1% to $335.83 cardinal from $332.23 billion, portion Ethereum’s marketplace headdress grew 0.4% to $163.4 cardinal from $162.6 cardinal implicit the reporting period.

In the past 24 hours, the apical 10 cryptocurrencies posted a mixed performance. XRP leads the battalion with 3.7% gains. Meanwhile, Cardano brings up the rear, signaling a 1% nonaccomplishment successful value.

Top 10 cryptocurrenciesSource: CryptoSlate.com

Since the past report, the marketplace caps of Tether (USDT) and BinanceUSD (BUSD) saw an summation to $66.28 cardinal and $16.42 billion, respectively. By contrast, USD Coin (USDC) recorded a flimsy alteration to $43.8 billion.

Bitcoin

Over the past 24 hours, Bitcoin grew 1% to commercialized astatine $17,438 arsenic of 07:00 ET. Its marketplace dominance grew somewhat to 39.2% from 39%.

The starring cryptocurrency peaked astatine $17,510 connected Tuesday evening (ET,) earlier the ensuing drawdown recovered enactment astatine $17,367.

Bitcoin chartSource: TradingView.com

Ethereum

Ethereum grew 0.4% implicit the past 24 hours to commercialized astatine $1,335 arsenic of 07:00 ET. Its marketplace dominance stayed level astatine 19.1%.

Over the past 24 hours, ETH recorded a highest terms of $1,348 connected Tuesday precocious lunchtime (ET). The resulting downturn recovered enactment astatine $1,327 connected 2 occasions, earlier trickling marginally higher.

Ethereum chartSource: TradingView.com

Top 5 Gainers

SingularityNet

AGIX is today’s apical gainer, rising by 33.9% implicit the past 24 hours to $0.09218 arsenic of property time. Chief AI Officer Matt Iklé precocious updated connected progress, including advances successful OpenCog Hyperon technology. Its marketplace headdress stood astatine $106.32 million.

Voyager Token

VGX roseate by 31.1% to commercialized astatine $0.41866 arsenic of property time. Court support was granted for the Binance takeover. Its market headdress stood astatine $116.59 million.

Fetch

FET gained 21.7% implicit the reporting play to commercialized astatine $0.19050 arsenic of property time. No caller cardinal developments person been noted, but AI-related projects are mostly uptrending. Its marketplace headdress stood astatine $156 million.

Ergo

ERG grew 15.5% successful the past 24 hours to $1.64512. Its marketplace headdress stood astatine $96.47 million.

Creditcoin

CTC roseate 12.5% to $0.55543 arsenic of property time. Its marketplace headdress stood astatine $115.12 million. 

Top 5 Losers

Aptos

APT is the day’s biggest loser, falling by implicit 8.3% to $5.22091 arsenic of property time. The token was Tuesday’s apical gainer, suggesting today’s sell-off resulted from profit-taking. Its marketplace headdress stood astatine $678.72 million.

IoTeX

IOTX decreased 7.7% to $0.02437 arsenic of property time. Its marketplace headdress stood astatine $229.61 million.

Lido DAO Token

LDO shed 7.4% implicit the reporting play to commercialized astatine $1.85086 arsenic of property time. Despite today’s drawdown, the token is inactive up 77.4% implicit the past month. Its market headdress stood astatine $1.53 billion.

FTX Token

FTT dropped 7.3% implicit the reporting play to $1.19498. The token has precocious pumped, up 24.3% implicit the past week, for chartless reasons. Its marketplace headdress stood astatine $393.02 million.

Gala

GALA declined 3.9% to $0.03897 in the past 24 hours. The task is riding precocious aft a bid of affirmative developments, including a determination into mobile gaming. GALA grew 117% implicit the past week. Its marketplace headdress stood astatine $271.88 million.

The station CryptoSlate Daily wMarket Update: AI communicative holds steadfast arsenic SingularityNet leads apical gainers appeared archetypal connected CryptoSlate.

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