CryptoSlate Daily wMarket Update: AI tokens shine despite wider market sell-off

1 year ago

Since the past wMarket report, the cryptocurrency marketplace headdress saw nett outflows of $17.5 cardinal and presently stands astatine $1.06 trillion — down 1.6% from $1.08 trillion.

Over the reporting period, Bitcoin and Ethereum’s marketplace headdress fell 2.7% and 0.81% to $441.19 cardinal and $199.95 billion, respectively.

The apical 10 crypto assets posted losses crossed the committee implicit the past 24 hours. Solana is the biggest loser, falling 4.2%, followed by Polygon, which fell 3.7%. BNB fared best, losing 2%.

Over the weekend, the marketplace caps of Tether (USDT) and BinanceUSD (BUSD) roseate to $68.07 cardinal and $16.26 billion, respectively. By contrast, USD Coin (USDC) decreased to $41.97 billion.

Bitcoin

Over the past 24 hours, Bitcoin fell 2.4% to commercialized astatine $22,830 arsenic of 07:00 ET. Its marketplace dominance dropped to 41.5% from 41.9%.

Since Feb. 3, BTC sunk from a section apical of $23,730, uncovering enactment astatine $22,646 connected Feb 4 pursuing an accelerated sell-off that began connected Sunday greeting (ET).

Ethereum

Over the past 24 hours, Ethereum fell 2% to commercialized astatine $1,630 arsenic of 07:00 ET. Its marketplace dominance accrued to 18.8% from 18.7%.

Since Feb. 3, ETH deed a highest of $1,696, starring to a sell-off that saw a treble retest of enactment astir $1,609.

Top 5 Gainers

SingularityNet

AGIX is the day’s biggest gainer, rising 24.8% implicit the reporting play to $0.44760 arsenic of property time. The steadfast precocious announced bootstrapping respective companies successful the DeFi, Robotics, Biotech and Longevity, Gaming and Media, Arts and Entertainment (Music), and Enterprise-level AI sectors. Its marketplace headdress stood astatine $536.72 million.

Fetch

FET grew 24.5% to $0.441906 arsenic of property time. Mainnet transactions exceeded 5 cardinal recently. Its marketplace headdress stood astatine $361.88 million.

Alethea Artificial Liquid Intelligence

ALI gained 23.3% implicit the reporting play to commercialized astatine $0.05341 arsenic of property time. The token is up implicit 360% implicit the past month. Its marketplace headdress stood astatine $191.63 million.

Numeraire

NMR roseate 19.5% to $23.3175 arsenic of property time. The AI communicative reasserts itself pursuing a lull past week. Its marketplace headdress stood astatine $137.3 million.

JasmyCoin

JASMY jumped 11.9% to $0.00708 as of property time. The token is up implicit 95% implicit the past month. Its marketplace headdress stood astatine $329.76 million.